Ignitis Renewables acquires wind farm project in Lithuania

The first phase of the wind farm has already reached the construction stage, and the capacity of the wind farm in Kelme district should reach up to 300 MW while electricity generation should start in 2025.

Official Press Release Ignitis Renewables:

Ignitis Renewables signed an agreement to acquire a wind farm project in Kelme district

Ignitis Renewables, an international green energy company that aims to increase clean energy generation capacity and implement new projects in Lithuania, has signed a conditional sale and purchase agreement with E energija for the acquisition of 100% of the shares in its two companies developing an onshore wind farm in Kelme district.

“This is another important step in expanding our portfolio of wind farm projects in Lithuania and increasing our green generation capacity. We are moving rapidly towards the strategic goal of the entire Ignitis Group to increase green generation and reach 4–5 GW of installed capacity by 2030,” says Thierry Aelens, CEO at Ignitis Renewables. The first phase of the wind farm has already reached the construction stage, and... ... More: Official Press Release Ignitis Renewables

Ignitis Renewables, acquisition, Lithuania, E energija, capacity, wind farm, onshore, phase, construction, household, wind power

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