Ignitis Group Acquires Wind Farm Project in Lithuania
- Nov 27, 2022 11:16 pm GMT
International green energy company Ignitis Renewables signed an agreement to acquire 100% of shares of the company developing an onshore wind farm in
“With this transaction, we are strengthening our presence in the domestic market in
The project is at an early development stage. The company, which is developing wind park, has already started the environmental impact assessment of the project. It is planned that commercial operations could start in a period of 2026-2030. With this project, Ignitis Group’s portfolio of green generation projects in operations, construction and development reaches 4.8 GW, of which 1.2 GW in operations and 3.5 GW – under construction or development. Out of total pipeline under construction and development, around 2.2 GW is in
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