The Management Board of AB Ignitis grupė approved the consolidation project of renewable energy companies – Padovanews padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
The Management Board of AB “Ignitis grupė” approved the consolidation project of renewable energy companies AB “Ignitis grupė” informs that on 10 June 2021 the. | June 10, 2021
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” approved the consolidation project of renewable energy companies
AB “Ignitis grupė” (hereinafter – the Company) informs that on 10 June 2021 the Company’s Management Board approved the initiation of the consolidation project of renewable energy companies (hereinafter – Project) of the Company’s group of companies (hereinafter – Ignitis Group), except for AB “Ignitis gamyba”.
The project proposed to consolidate the operating and under-development wind energy (onshore and offshore), solar energy, waste and biofuel projects and competences of Ignitis Group in a single entity while directing their further development and to choose UAB “Ignitis renewables” (hereinafter – Ignitis Renewables), 100% of shares whereof is owned by the Company, for this objective, for such purpose. After receiving all the necessary consents and performing the arrangements, the shares of UAB Kauno kogeneracinė jėgainė, UAB Vilniaus kogeneracinė jėgainė and Tuuleenergi