DistantNews
Support us

“The Grass Is Blue” and “We Met at Church”: Dispute Continues Over the K2 Ventum Wind Farm

From Delfi Latvia · () Latvian

Translated from Latvian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Outcome reported
  • Latvia’s Cabinet rejected the proposed K2 Ventum wind farm in South Kurzeme Municipality in late August.
  • Investment organizations are calling for a review of the project’s process, while LIAA director Ieva Jāgere said uncertainty and a lack of predictability make it harder to attract investors.

The dispute over the proposed K2 Ventum wind farm has shifted from one project to a broader argument about how predictable Latvia is for investors.

Latvia’s Cabinet rejected the plan to build the wind farm in South Kurzeme Municipality at the end of August. After the decision, investment organizations urged authorities to examine how the project was handled and what it signals about the country’s investment environment.

The organizations said the process for advancing major investment projects should become clearer and more predictable. Ieva Jāgere, director of the Investment and Development Agency of Latvia, described the problem during the programme “Spried ar Delfi.”

At the moment, we live in a Latvia where it is difficult for me to explain to an investor what color the grass is now.

· Ieva JāgereThe director of the Investment and Development Agency of Latvia described the uncertainty facing investors during the programme “Spried ar Delfi.”

“At the moment, we live in a Latvia where it is difficult for me to explain to an investor what color the grass is now,” Jāgere said. She stressed that investors need predictability and reliability, including at the state level. “Accordingly, we are no longer attractive in this respect,” she added.

The programme’s title also reflects the contentious tone surrounding the case, with arguments summed up as “The grass is blue” and “We met at church.”

Accordingly, we are no longer attractive in this respect.

· Ieva JāgereJāgere said Latvia’s lack of predictability and reliability had weakened its appeal to investors.
About this summary

Originally published by Delfi Latvia in Latvian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.