Tuesday, December 6 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Ignitis Group acquires onshore wind farm project in Poland


    September 30, 2022 - GlobeNewswire UK Regulatory

     

      ">http://www.w3.org/1999/xhtml"> <org>Ignitis Group</org> acquires onshore wind farm project in <location value="LC/pl" idsrc="xmltag.org" >Poland</location>

      Ignitis Group through its subsidiary Ignitis Renewables signed an agreement to acquire 100% of shares of the company developing an onshore wind farm in Poland. The total capacity of the wind farm (Silesia 2) is up to 137 MW. The project is currently at an advanced stage of development with an estimated COD in H2 2024.

      The turbines at the new wind farm will be provided by a long-term partner of Ignitis Renewables, an international wind farm manufacturer Nordex. Total preliminary investments, including the acquisition price and the construction cost, amount to around EUR 240 million. The completed wind farm will operate under market conditions.

      The closing of the transaction is expected to take place over the next several days, no separate announcement will be made. The acquisition is a significant step forward towards the Ignitis Group‘s objective to reach 4 GW of installed Green Generation capacity by 2030 as set out in the strategy (https://www.globenewswire.com/Tracker?data=q1Ghs5tms-5bYa_ZlNF6nCpd50-8_... rel="nofollow" target="_blank">link).

      For additional information, please contact:

      Communications

      Arturas Ketlerius
      +370 620 76076
      arturas.ketlerius">mailto:arturas.ketlerius@ignitis.lt">arturas.ketlerius@ignitis.lt

      Investor Relations

      Aine Riffel-Grinkeviciene
      +370 643 14925
      aine.riffel">mailto:aine.riffel@ignitis.lt">aine.riffel@ignitis.lt

      ">https://www.globenewswire.com/newsroom/ti?nf=MTAwMDc0ODI4MCM0MDEzOTQyNzM...
      https://ml-eu.globenewswire.com/media/M2EyYmFjZDgtMTdiMi00YmRiLTk3MjktM2... referrerpolicy="no-referrer-when-downgrade" />

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.