Brief: Ignitis Group To Acquire An Up To 300 MW Onshore Wind Development Project In Lithuania

Ignitis Grupe AB

27/06/2023 07:44

June 27 (Reuters) - Ignitis Grupe AB  IGN1L.VL :
    * IGNITIS GROUP SIGNS AN AGREEMENT TO ACQUIRE UP TO 300 MW
ONSHORE
WIND DEVELOPMENT PROJECT IN LITHUANIA
    * 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
    * TRANSACTION IS EXPECTED TO BE CLOSED BY Q4 2023

Source text:  ID:nGNE7hr7tw 
    
Further company coverage:  IGN1L.VL 

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