AB “Ignitis grupė” (hereinafter – the Group) announces the decision to participate in the Lithuanian offshore wind tender with the State support for the rights to develop at least 700 MW of offshore wind capacity in the Baltic Sea. The Group participated in the tender through UAB “Ignitis renewables projektai 5”, whose sole shareholder is UAB “Ignitis renewables”. Under the tender regulations, the potential developer can submit either the development fee or request support in the form of a two-way contract ...