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Baltania to invest in an industrial scale torrefaction bio-coal plant in Vägari, Estonia

Baltania OÜ, a 100% owned subsidiary of Dutch private equity investment firm Momentum Capital, has made a conditional investment decision to commission an industrial scale torrefaction bio-coal plant in Vägari, Estonia. Value of the investment is approximately EUR 45 million. Providing, that all conditions of the investment decision are met the construction of the bio-coal plant will start in Q2 2018. Press release: HERE