UAB Ignitis Renewables

Kruonis Pumped Storage Hydroelectric Power Plant - EIB Financing

Industry
Traditional energy/Pumped-storage hydroelectricity (PSH)
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Lithuania

Project Overview

Ignitis Group has signed a €105 million ($115 million) financing agreement for the development of a Kruonis pumped storage project in Lithuania. The 16-year loan will be directed towards the construction of the fifth unit at the Kruonis Pumped Storage Hydroelectric Power Plant (Kruonis PSHP)...

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Deal Volume
$114.8m
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Project Deals

Kruonis Pumped Storage Hydroelectric Power Plant Unit 5
$114.8m
Greenfield
Pumped-storage hydroelectricity (PSH)
Europe
Europe
Lithuania