December 22, 2024
Headlines

Ignitis Grupe

Lithuania: Ignitis Renewables, Ocean Winds winners of offshore wind auction

Via Baltica02 mins

Lithuania’s National Energy Regulatory Council (VERT) is due to declare state-owned renewable energy company Ignitis Renewables and its strategic partner, Spain-based Ocean Winds, as provisional winners of Lithuania’s first auction to develop an offshore wind farm, GlobeNewswire reports. The two companies bid EUR 20mn for the contract, under which they will obtain the right to develop…

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Lithuania: Ignitis Grupe to invest EUR 25mn in energy startups

Via Baltica01 mins

Lithuania’s state-owned energy group, Ignitis Grupe, will invest EUR 25mn in energy and climate change startups over ten years through Germany’s World Fund, Baltic News Network reports. The group has signed an investment management agreement with WF World Fund Management. Earlier, Ignitis Grupe announced that World Fund would manage the group’s second venture capital fund….

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