Ignitis Grupe Approves EUR 130 Million Investment For Three Battery Energy Storage Projects in Lithuania

Ignitis Grupe AB IGN1L:

• MAKES FINAL INVESTMENT DECISIONS ON 291 MW BESS PROJECTS IN LITHUANIA

• CONSTRUCTION WORKS OF THE PROJECTS SHOULD START IN 2025 AND THEIR COD IS ESTIMATED FOR 2027

• THE TOTAL INVESTMENT AMOUNT IS AROUND EUR 130 MILLION

• ROLLS-ROYCE SOLUTIONS WILL SUPPLY THE EQUIPMENT AND INTEGRATION SERVICES FOR THESE PROJECTS

• PROJECTS TOTAL 291 MW POWER AND 582 MWH STORAGE CAPACITY