Skip to main content

UAB “Atsinaujinančios energetikos investicijos” publishes its factsheet for the fourth quarter of 2023

Written by Customer Service on . Posted in Public Companies.

UAB “Atsinaujinančios energetikos investicijos” (the Company) publishes its factsheet, providing information about the Company’s investment portfolio, key events, business strategy, operating segments, and financial indicators as of 31 December 2023.

2023 Q4 KEY EVENTS

  • AEI: Investment company has issued an additional 14.1 mEUR green bonds with 10% yield that were directed to the development of solar PV projects in Poland.
  • Solar projects: The PV Energy Projects portfolio with a total capacity of 67.8 MW is nearing completion, with 14 MW already energized and 2 MW constructed, except for the transformer station installation that is delayed until the end of February 2024.
  • Wind projects: The final wind turbine for Rokiškis Wind Park was successfully energized in December 2023.

SOLAR PV & WIND PROJECTS OVERVIEW

65.5 MW operating solar power projects in Poland:

  • All projects were operating smoothly, and both revenue and EBITDA exceeded the budgeted YTD values by 9% and 11%, respectively, due to higher irradiation levels.

Solar development project pipeline in Poland:

  • The construction of a 67.8 MW total capacity PV Energy Projects sp.z o.o portfolio is moving towards completion. By the end of Q4, 14 projects with a total capacity of 14 MW were energized. 12 projects with a total capacity of 53.8 MW are projected to be energized in 2024.
  • The PL SUN sp.z o.o project portfolio with a total capacity of 114.5 MW is split into two phases:
    • First 66.99 MW, for which construction procedures are continuing in all 7 sites and are scheduled to be completed in Q2 2024.
    • Second 47.51 MW, for which the Balance of System module and inverter supply agreements are under negotiations.

Wind Projects in Lithuania:

  • The final wind turbine for Rokiškis Wind Park was successfully energized in December 2023.
  • The Commercial Energy Production License for Anykščiai, Jonava and Rokiškis wind parks are scheduled to be secured in Q2 2024.
  • The development of a 100 MW wind farm is in progress with building permits expected 2024 Q4 – 2025 Q1.
  • Final environmental impact assessment for the 102 MW wind farm in Latvia was obtained in Q4 2023. Technical design procedures have been started.

Hybrid projects:

  • UAB “KNT Holding” has secured a hybridized grid connection for 390 MW wind, 250 MW solar PV, and 50 MW / 200 MWh battery storage capacity.

Contact person for further information:

Grėtė Bukauskaitė

Manager of the Investment Company

grete.bukauskaite@lordslb.lt

www.lordslb.lt/AEI_green_bonds

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.