Brief: Ignitis Group Completes Acquisition Of Up To 300 MW Onshore Wind Development Project In Lithuania

Ignitis Grupe AB

31/10/2023 07:38

Oct 31 (Reuters) - Ignitis Grupe AB  IGN1L.VL :
    * IGNITIS GROUP COMPLETES ACQUISITION OF UP TO 300 MW
ONSHORE WIND
DEVELOPMENT PROJECT IN LITHUANIA
    * COMPLETED THE ACQUISITION OF 100% OF THE SHARES IN TWO
COMPANIES
DEVELOPING AN ONSHORE WIND FARM IN THE KELME DISTRICT
    * THE WIND FARM’S TARGETED TOTAL CAPACITY IS UP TO 300 MW
AND THE
COMMERCIAL OPERATIONS DATE OF THE PROJECT IS ESTIMATED FOR 2025
    * EXPECTED INVESTMENTS INCLUDING THE ACQUISITION PRICE AND
CONSTRUCTION COSTS SHOULD REACH AROUND EUR 550 MILLION

Source text:  ID:nGNE8wKSvf 
 
Further company coverage:  IGN1L.VL 

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