AB “Ignitis grupė” (hereinafter – the Group) informs that its subsidiary UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) together with Copenhagen Infrastructure Partners P/S (hereinafter – CIP) through its Growth Markets Fund II are the winners of the auction-based competitive tender for the development of offshore wind in the Liivi 1 sea area in
The Group announced winning the tender for development of an offshore wind farm in the adjacent Liivi 2 sea area on
The maritime area of both Liivi 1 and Liivi 2 is located in the Gulf of
The tender took place electronically from 11 January to
The Group announced entering a partnership with CIP to collaborate exclusively on offshore wind opportunities in
This announcement furthers the Group’s strategic goal of developing an offshore wind development project in our home market (with COD post 2030), which is a substantial step towards the Group’s overall objective to increase its Green Generation capacity 4 times from 1.2 GW in 2022 to 4–5 GW by 2030. For further details, see the Group’s strategy (link).
The information provided in this announcement does not change the Group’s Adjusted EBITDA guidance. Winning the auction has no impact on the Group’s financial liability, except for the auction bid of
For more information, please contact:
Paulius Kalmantas
Communications Partner at Ignitis Renewables
Phone: +370 617 51616
Email: paulius.kalmantas@ignitis.lt
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