Ignitis Group concluded a EUR 60 million financing agreement with the European Bank for Reconstruction and Development
Globenewswire·2025-06-02 13:15
AB “Ignitis grupė” (hereinafter – the Group) informs that on 2 June 2025 it has signed a financing agreement with the European Bank for Reconstruction and Development for a loan of EUR 60 million (hereinafter – the Loan), which will be used by its subsidiary UAB “Ignitis” to develop a public EV fast charging network in the Baltics.The Loan is granted for a period of 10 years. The other terms and conditions of the Loan are standard for corporate financing.The Loan will finance the installation of up to 600 E ...