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Renewables Investor from Lithuania

Ignitis UAB | Investment profile, portfolio

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Description

What‘s the focus of Ignitis?

Ignitis Group is a state-controlled energy company in Lithuania. As an international energy company, Ignitis is a leader of the energy transition in the Baltics. The company invests into large-scale solar and wind energy sites.

Acquisition of a 200MW hybrid wind and solar project in Latvia

Ignitis Renewables, daughter company of Ignitis, agreed to purchase a 200MW hybrid wind and solar project which is under development in Latvia. Constructions are planned to start between 2025 and 2026 and the project is expected to be operational by 2027 or 2028. The purchase of this project will help Ignitis reach its goal to achieve an installed renewables capacity of 4GW in operation by the year 2030.

Acquisition of a 300MW onshore wind project in Lithuania

Lithuanian energy company Ignitis Group will acquire a large onshore wind project that is currently being developed in Lithuania. Once operational, the wind farm is expected to have a capacity of up to 300MW. The project is expected to become operational in 2025.

Picture Source: Unsplash, 19.03.2021

Stock-listed?

NO

Download the whole list
Download our complete list of all European renewable energy investors and list of all U.S. and Canadian renewable energy investors as an easy-to-use Excel list. Additionally, the list includes additional information like general contact details. The list is ideally suited for investor identification, lead generation, market research and networking.

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