European Energy divests wind farm portfolio in Lithuania

European Energy has signed an agreement for the sale of three wind farms in Lithuania with the total capacity of 185.5 MW to a Lithuanian entity.

 

The wind farms are in the municipalities of Anykščiai, Jonava and Rokiškis. The wind farms are under construction and consist of a total of 34 units GE 158-5.5 MW HH 151m turbines. Closing of the agreement is expected to take place at the end of November 2021. European Energy has an additional 600 MW in the development pipeline in Lithuania.