Vilnius CHP biomass unit has reached full COD
2024年5月23日 - 10:45PM
Vilnius CHP biomass unit has reached full COD
AB “Ignitis grupė” (hereinafter – the Group)
informs that its subsidiary Vilniaus Kogeneracinė Jėgainė
(hereinafter – Vilnius CHP) has completed the construction project
because all the necessary documents and permits were received to
commence the operations of Vilnius CHP at full capacity.
As reported in the Group’s Integrated Annual
Report 2023, in December 2023 Vilnius CHP biomass unit has reached
a partial (149 MWth, 50 MWe) COD for generating heat and
electricity, in May 2024 it received certificates from the National
Energy Regulatory Council to use the equipment of the biomass unit
at its full capacity of 170 MWth while on 23 May it received a
permit to generate electricity at its full capacity of 71 MWe. This
means that the Vilnius CHP construction project has been completed,
including the completion of both biomass and waste-to-energy
units.
The European Commission’s decision to grant the
investment aid for the construction of a high-efficiency
cogeneration plant in Vilnius stipulates that the sale of a part of
the shares in Vilnius CHP must be started within six months of the
completion of the project. The Group informs that, considering the
European Commission’s decision and in an effort to implement the
asset rotation programme set out in the Group’s strategy, it is
starting the process of selling minority stakes (up to 49%) in its
subsidiary Vilnius CHP and other selected renewable energy
companies controlled by the Group.
The sale process will be conducted in accordance
with the Policy for the Full or Partial Sale of Shares in the
Group's Subsidiaries (link).
Information on binding agreements reached with
(a) potential investor(s) will be published according to the
effective legal requirements. The Group notes that the start of the
sale process does not imply that the aforementioned transaction(s)
will take place, or that it/they will take place in the foreseeable
future and/or to the extent indicated.
The Group reminds you that its objective to
increase the Green Capacities 4 times, from 1.2 GW in 2022 to 4–5
GW by 2030, is set out in the Group’s strategy (link).
The information provided in this notification
does not affect the Group’s 2024 Adjusted EBITDA and Investment
guidance.
Artūras Ketlerius Head of Corporate Communications at Ignitis
Group Email arturas.ketlerius@ignitis.lt Tel. +370 620
76076