Cobalt has advised Schwenk Latvija on its long-term power purchase agreement with BaltCap Infrastructure fund and AJP Capital Solar Core Plus fund joint-venture PV Power.
Schwenk Latvija plans Euro34m upgrade to Broceni cement plant Written by Global Cement staff
05 February 2021
Latvia: Schwenk Building Materials Group subsidiary Schwenk Latvija plans to invest Euro34m in installing a new 170t/day grinding mill and 12,500t silo at its Broceni cement plant. The Baltic Business Daily newspaper has reported that the company aims to reduce energy consumption with the new mill.
The group acquired Schwenk Latvija from Cemex in February 2019 as part of a Euro340m expansion into the Baltic and Nordic markets. The company’s 2019 profit was Euro36.4m. Last modified on 10 February 2021