Ignitis Group, also known as AB Ignitis Grupe, has approved a loan of up to EUR83 million (US$100.8 million) to its subsidiary Ignitis Renewables for the development of a 63 MW wind park project in Lithuania’s Mazeikiai region. The loan is expected to be repaid on or before July 10, 2028.
The wind farm is owned by UAB Windfarm.
Country updates
-
-
November 27, 2020
Nordex signs supply deal for 63 MW wind project in Mazeikiai
AB Ignitis Grupė subsidiary UAB Ignitis Renewables has signed an agreement with Nordex Energy SE & Co. KG regarding the turbine supply, construction, and maintenance services. The...
Read more -
August 20, 2020
GE and E energija partner to deliver 68.9 MW wind project in Telsiai
GE Renewable Energy will supply 13 of its 5.3 MW Cypress wind turbines, its largest onshore wind turbine in the field, and provide a 25-year Full Services Agreement (FSA) to the E Energija Telš...
Read more -
July 20, 2020
E Energija, New Energy Group to build 70 MW wind project in Telsiai
L-Vejas, a company jointly owned by E Energija and New Energy Group, is set to build a 70 MW wind farm in Telsiai district, northwestern Lithuania. The project will consist of 13...
Read more -
June 26, 2020
Lithuania selects site for 700 MW Baltic Sea offshore wind project
Lithuania has settled on the position of the country’s first offshore wind farm, with the capacity of up to 700 MW, in the Baltic Sea. The site covers an area of 137.5 square kilometers, wi...
Read more -
May 18, 2020
Lithuania plans 700 MW offshore wind project in the Baltic Sea
The Ministry of Energy of Lithuania has submitted a draft Government Resolution to stakeholders for coordination on locations in the Baltic Sea where it is expedient to develop wind farms. The draft...
Read more
