Lithuania

Ignitis Group CEO: Lithuania could have its first Baltic Sea wind farm by 2031 – 2033

July 10, 2025

Lithuania may have its first offshore wind farm in the Baltic Sea between 2031 and 2033, according to Darius Maikštėnas, CEO of the state-controlled energy company Ignitis Group. “One [farm] [..]

Lithuania

Ignitis Group receives bank loan for solar, wind farms

November 21, 2024

OP Corporate Bank, which is part of Finland’s OP Financial Group, has lent EUR 19.3 million to Ignitis Renewables, which is a subsidiary of Lithuania’s state-owned energy group, Ignitis Group. [..]

Lithuania

Lithuania’s Ignitis Group eyes participation in 2nd Baltic Sea offshore wind farm auction

September 15, 2024

Ignitis Group, Lithuania’s state-owned energy group, still does not rule out participating in the second 700 MW offshore wind park tender in Lithuania, its CEO Darius Maikstenas says. “We are [..]

Lithuania

Lithuania’s Ignitis Group sees strong investor interest in Vilnius CHP, other projects

August 16, 2024

Investors are showing strong interest in projects developed by Ignitis Group, including a stake of up to 49 percent in the recently completed Vilnius combined heat and power plant, Jonas [..]

Lithuania

Representatives of educational institutions in Plungė district visited Ignitis Group

February 2, 2024

Plungė district educational institutions representatives took part in the energy efficiency education programme in Vilnius, initiated by Ignitis Group. The teachers had a closer look at the energy sector and [..]

Lithuania

Lithuania govt: EUR 20 mln from Ignitis Group for wind farm to be used to repay state debt

December 21, 2023

Twenty million euros paid as a development fee by Ignitis Renewables, a subsidiary of Lithuania’s state-owned energy group Ignitis Grupe (Ignitis Group), after winning the tender for the development of [..]