Brief: Ignitis Group Announces Acquisition Of Hybrid Power Plant In Lithuania
12/03/2025 14:08
March 12 (Reuters) - Ignitis Grupe AB IGN1L.VL: IGNITIS GROUP SIGNS AN AGREEMENT TO ACQUIRE A HYBRID POWER PLANT DEVELOPMENT PROJECT IN LITHUANIA HYBRID POWER PLANT CONSISTS OF A 200 MW WIND FARM A 50 MW SOLAR FARM AND A 20 MW (80 MWH) BATTERY ENERGY STORAGE SYSTEM IGNITISCLOSING OF THE AGREEMENT IS EXPECTED WITHIN 1 WEEK OF THIS ANNOUNCEMENT PROJECT IS DUE TO SECURE CONNECTION CAPACITY TO THE GRID AND THE GROUP IS YET TO FINALIZE DUE DILIGENCE PROCEDURES Source text: ID:nGNE9PyQTw Further company coverage: IGN1L.VL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
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