Skip to main content

An agreement with Nordic Investment Bank for the loan to Pomerania Wind Farm sp. Z o.o, part of AB Ignitis Grupė is signed

Written by Customer Service on . Posted in Public Companies.

Pomerania Wind Farm sp. z o.o, which is part of Ignitis Group, signed an agreement with the Nordic Investment Bank (NIB) for the loan of up to PLN 150 million (approx. EUR 33.5 million) for the implementation of the Pomerania wind farm project which is being developed in Poland. Ignitis Group signed the first-call guarantee agreement for this loan between the Company and NIB. Accordingly, the Company’s subsidiary UAB Ignitis Renewables, which owns all the shares of Pomerania Wind Farm sp. z o.o. signed an agreement with NIB for pledging 100 percent of the shares of Pomerania Wind Farm sp. z o.o. in favour of the lender. Plans to sign these contracts were announced in Company’s notification on material event on 12  October  2020. The loan that is provided for the developing of the Pomerania Wind Farm project is planned to be repaid by 31 December 2035.As announced earlier (link), Pomerania Wind Farm sp. z o.o,  which is part of Ignitis Group, on 9 March 2020  signed an agreement with the European Investment Bank for the loan of PLN 258 million (approx. EUR 60 million) for the implementation of the Pomerania wind farm project.Pomerania wind farm is located in the Pomeranian Voivodship, Poland. The project is expected to be fully operational in the spring of 2021. The wind park has an expected production capacity of 300 GWh of electricity annually.Artūras Ketlerius, Head of Public Relations,phone +370 620 76076, e-mail arturas.ketlerius@ignitis.lt

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.