European Energy sells 470 MW Jonava hybrid renewable energy project in Lithuania to Energix

European Energy completed the sale of the 470 MW Jonava hybrid renewable energy project in Lithuania to Energix. The Jonava project will combine approximately 140 MW of onshore wind, 330 MWp of solar PV, and 320 MWh of energy storage. Construction is expected to begin shortly, with full commercial operations targeted for 2027. This transaction allows European Energy to recycle capital into new projects, demonstrating its model of developing renewable energy assets to a stage where key risks are addressed. The project meets the technical, regulatory, and commercial requirements of international buyers.

Counterparts (2)

Seller

European Energy

company · 2 deals

European Energy is a renewable energy company focused on developing, constructing, and operating solar, onshore wind, offshore wind, Power-to-X, battery storage, and carbon capture projects. They have a global presence and aim to be a major force in driving the green transition.

Buyer

E

Energix

company