AB “Ignitis grupė” (hereinafter – Ignitis Group or the Company) informs that on 27 August 2021 it received a statement from the Ministry of Finance of.
grupė
” 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
AB “Ignitis grupė” (hereinafter – the Company) informs that the Management Board of the Company on 4 May 2021 approved the sale and purchase agreement.
Lithuanian
We inform that UAB “Ignitis” (hereinafter – the Company), controlled by AB “Ignitis grupė”, on 1 April 2021 completed the adoption of all decisions required to establish a new subsidiary company in Finland, Ignitis Suomi Oy (hereinafter – Ignitis Suomi). Accordingly, on the basis of the formal decisions, the registering process of Ignitis Suomi will continue. AB “Ignitis grupė” will not inform about the completed registration processes of Ignitis Suomi separately.
The Company will own 100% of shares of the established subsidiary company in Finland.
The Company directly operated natural gas supply activities in Finland itself since 2020. However, after evaluating the potential of the Finnish market, the Company adopted a
Regarding the establishment of a subsidiary company in Finland
April 01, 2021 10:23 ET | Source: Ignitis grupė Ignitis grupė Vilnius, LITHUANIA
Regarding the establishment of a subsidiary company in Finland by UAB “Ignitis”, managed by AB “Ignitis grupė”
We inform that UAB “Ignitis” (hereinafter – the Company), controlled by AB “Ignitis grupė”, on 1 April 2021 completed the adoption of all decisions required to establish a new subsidiary company in Finland, Ignitis Suomi Oy (hereinafter – Ignitis Suomi). Accordingly, on the basis of the formal decisions, the registering process of Ignitis Suomi will continue. AB “Ignitis grupė” will not inform about the completed registration processes of Ignitis Suomi separately.