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Hepsor Jugla SIA signs a loan agreement worth 8.4 million euros for the Zaļā Jugla project.

Oct 21, 2025•8 months ago

Contract Type

agreement

EstoniaEnergyReal EstateRenewable EnergyConstructionBuilding Maintenance

Description

On October 20, 2025, Hepsor Jugla SIA signed a loan agreement with BluOr Bank AS to finance the construction of the Zaļā Jugla project's first phase. The loan amount is 8.4 million euros and will help establish infrastructure and construct two apartment buildings in Riga.

Company Information

Company

Hepsor Latvia OÜ

Location

Estonia

About

Hepsor AS is a developer of residential and commercial real estate. The Group operates in Estonia, Latvia and Canada. The company has a portfolio of 25 development projects with a total area of 172 800 m2. Hepsor is known for implementing innovative engineering solutions to enhance building energy efficiency.

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