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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.
