AB "Ignitis grupe" (hereinafter - the Group) informs that Kelme wind farm II, controlled?by its subsidiary UAB "Ignitis renewables" (hereinafter - Ignitis Renewables), has reached the commercial operation date (hereinafter - COD).
Kelme wind farm II, together with Kelme wind farm I, is a part of the largest wind farm operating in the Baltics, Kelme wind farm. The wind farm has a combined installed capacity of 313.7 MW and will cover the electricity demand of 250 thousand Lithuanian households. The total investments in the 313.7 MW Kelme wind farm, including the acquisition price and construction costs, will amount to around EUR 550 million.
The Group reminds that Kelme wind farm I has reached COD on 17 April 2025 (link).
Kelme wind farm II is located in central Lithuania, Kelme district, and consists of 28 Nordex N163/6.X wind turbines with a total installed capacity of 199.6 MW. The total investments in the wind farm will amount to around EUR 360 million.
Since the COD of Kelme wind farm II, the Group's installed Green Capacities have increased to 1.7 GW (from 1.5 GW).
The Group reminds that its objective is to increase its Green Capacities from 1.4 GW in 2024 to 4-5 GW by 2030. For further details, see the Group's strategy (link).
The information provided in this announcement does not affect the Group's Adjusted EBITDA and Investments guidance for 2025.
For additional information, please contact:
Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt
