The European Investment Bank (EIB) has completed a €290 million (US$330 million) financing package with three project companies to support the construction of Lithuania's planned military base in Rūdninkai, southeastern Lithuania.

The financing package was completed through agreements covering all three main construction phases of the Rūdninkai Military Town, a future NATO facility scheduled to become operational by the end of 2027. As part of the package, the EIB signed a €105 million (US$120 million) loan, including a €5 million reserve facility, with a special purpose vehicle developing Lot A, backed by Lithuanian firms Conres and Fegda and INVL Asset Management. It also signed two loans worth about €185 million (US$211 million) with special purpose vehicles responsible for Lots B and C, which are backed by Baltic construction company Merko.

The Rūdninkai military base is one of Lithuania's largest defence infrastructure projects since the country regained independence in 1991. Situated near the strategic Suwałki Gap, the facility will accommodate a German brigade of about 4,000 troops and 750 civilian staff. Germany's deployment will mark its first permanent overseas military presence since World War II, underscoring the project's strategic importance for Berlin and NATO. Spanning 170 hectares, the development will include 11 km of roads and around 150 buildings, including housing, medical and training facilities, warehouses, hangars and helipads.

Under the EIB financing agreements, construction of Lots A, B and C will proceed in parallel.