2022-07-04
http://w3.windfair.us/wind-energy/news/39854-green-genius-lithuania-wind-farm-investment-acquisition-purchase-mw-capacity-state-subsidies-power-plant

Green Genius to buy wind farm in Lithuania

Image: PixabayImage: Pixabay
The project will be implemented without state subsidies, and the company will directly invest over €100 million in this project.

Official Press Release Green Genius:

Green Genius invests over €100 million in a wind farm

The renewable energy leader Green Genius has signed an agreement to purchase the rights to an 85 MW wind farm project in Lithuania. This project will account for around 13% of Lithuania’s current wind power portfolio.

The project will be implemented without state subsidies, and the company will directly invest over €100 million in this project. Businesses operating in Lithuania will purchase green energy from the new wind power plant, saving them over 130 thousand tonnes of CO2 emissions. At the time of agreeing, the project has already received the necessary permits, and the design work for the power plant is currently underway. The manufacturer of the main equipment will be selected in the first half of this year, and 15 wind turbines will be... ... More: Official Press Release Green Genius

Keywords:
Green Genius, Lithuania, wind farm, investment, acquisition, purchase, MW, capacity, state subsidies, power plant







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