Ignitis Group enters Latvian market

Ignitis Group is entering renewable energy market in Latvia / The company is acquiring three wind farms under development with a total capacity of around 160 MW under conditional agreements / Wind farm construction should begin around 2024–2025, and expected COD is around 2025–2027

An international energy company Ignitis Group is entering the renewable energy market in Latvia and is acquiring three wind farms that are currently under development. These are the first Group’s Green Generation projects in Latvia. On Thursday, with the approval of the Ignitis Group Management Board, the parent company’s subsidiary Ignitis Renewables concluded conditional agreements regarding the acquisition of 100% of shares of three Latvian companies that are developing the... ... More: Official Press Release Ignitis Group

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Ignitis Group, Latvia, renewable energy, wind farm, development, construction, onshore, MW, COD, turbine, Baltic