WALLESS assisted Ignitis Renewables in signing a financing agreement for the Mažeikiai onshore wind farm.

Ignitis Renewables, in partnership with the European Investment Bank (EIB) and Nordic Investment Bank, announced the signing of a financing agreement for the Mažeikiai onshore wind farm. WALLESS assisted Ignitis Renewables and congrats all on a greener tomorrow!

The new wind farm is important for helping with climate action, supporting environmental sustainability, and contributing to Lithuania’s journey toward decarbonization. With a total investment of approximately €85 million, the EIB and NIB have contributed €32 million each, demonstrating their unwavering commitment to a sustainable future.

WALLESS partner Gediminas Rečiūnas, associate partner Enrika Tamašauskaitė, and junior associate Gina Petkevičiūtė were a part of Ignitis Renewables team on this journey.