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Home » News » Wind Energy » Ignitis Group Secures €20.7 Million Loan for Wind Farm Refinancing
Wind Energy

Ignitis Group Secures €20.7 Million Loan for Wind Farm Refinancing

By Piers HarrettOctober 22, 20241 Min Read
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Credit: Ignitis Group
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Lithuanian utility Ignitis Group has obtained a €20.7 million (USD 22.4 million) loan to refinance the liabilities of its subsidiary responsible for a 24-MW wind farm located in the Jurbarkas district. The financing agreement was signed with Swedbank AB, with the funds earmarked for EURAKRAS, the subsidiary managing the project. "The green financing agreement that

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