Brief: Ignitis Grupe Says Curonian Nord Project Progresses But COD Delay Possible Due To Demand And Interconnector Uncertainties
18/03/2025 14:22
March 18 (Reuters) - Ignitis Grupe AB IGN1L.VL: IGNITIS GRUPE AB SAYS DEVELOPMENT OF LITHUANIA'S FIRST OFFSHORE WIND PROJECT CURONIAN NORD CONTINUES IGNITIS GRUPE AB SAYS TO DATE IT HAS INVESTED AROUND EUR 50.0 MILLION IN CURONIAN NORD PROJECT IGNITIS GRUPE AB SAYS FINAL INVESTMENT DECISION ON PROJECT IS EXPECTED BY 2027 IGNITIS GRUPE AB SAYS THERE MIGHT BE A NEED TO DELAY THE PROJECT UNTIL THERE IS MORE VISIBILITY ON THE ELECTROLYSIS DEMAND AND/OR THE INTERCONNECTOR WITH GERMANY Source text: ID:nGNE7lGHyQ Further company coverage: IGN1L.VL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
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