European Energy sells wind farm portfolio in Lithuania

Wind Industry Profile of

European Energy has divested three wind farms in Lithuania with a total capacity of 185.5 MW. This makes it the largest divestment of European Energy to date.

European Energy has signed an agreement for the sale of three wind farms in Lithuania with the total capacity of 185.5 MW to a Lithuanian entity. The wind farms are in the municipalities of Anyksciai, Jonava and Rokiskis. The wind farms are under construction and consist of a total of 34 units GE 158-5.5 MW HH 151m turbines. Closing of the agreement is expected to take place at the end of November 2021. "Even though we have only recently entered the Lithuanian market, this divestment of such a large wind portfolio to a European renewables fund manager, shows that we are in the forefront of... ... More: Official Press Release European Energy

Keywords:

European Energy, portfolio, Lithuania, sale, capacity, developer, turbine, wind farm