European Energy agrees to sell 470 MW wind and solar project in Lithuania

European Energy has signed an agreement to sell a wind and solar project in Lithuania with a total capacity of up to 470 MW to Energix - Renewable Energies. The project includes a wind farm of approximately 140 MW and a photovoltaic facility of up to 330 MW. It is currently at the pre-Ready-to-Build (pre-RTB) stage.

European Energy will continue developing the project, bringing it to the Ready-to-Build stage in the coming months. The transaction is expected to be completed later in 2025.