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European Energy sells 3 Lithuanian projects

Energy Trade

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Danish renewable developer European Energy said it has divested three wind farms in Lithuania, its largest disposal to date.

The three wind farms, with a total capacity of 185.5 MW (megawatt), have been sold to an unnamed Lithuanian entity, the Copenhagen-based company said in a statement.

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 turbines. Closing of the agreement is expected to take place at the end of November.

European Energy has been in Lithuania since 2018 and will be constructing more than 300 MW of wind power capacity in Lithuania in 2022.

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