(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €79.5 million to Ignitis Group as part of a €318 million financing consortium that includes the EIB, Swedbank, and NIB to fund the 314 MW Kelmė wind farm … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania
Tagged 5 GW target, Baltic region, clean power, climate goals, EBRD, EBRD Backs Ignitis Group with €79.5 Million Loan to Build the Baltic Region’s Largest Onshore Wind Farm, Energy Independence, energy security, EU Energy Policy, European Investment Bank, green transition, Ignitis Group, Kelmė wind farm, Lithuania, Lithuanian households, Nordic Investment Bank, onshore wind, renewable energy, Sustainable Finance, sustainable infrastructure, Swedbank, zero-carbon electricity
(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News
Tagged André Küüsvek, EIB, Ignitis Group, Jonas Rimavičius, Lithuania, Mažeikiai Onshore Wind Farm, NIB, partnership, sustainability, Thomas Östros
(IN BRIEF) Lithuania has successfully conducted its first offshore wind auction, with a consortium of Ignitis Group and OceanWinds emerging as the winner. They paid €20 million for the right to develop the 700 MW offshore wind project, expected to … Read the full press release
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