Ignitis Grupė reports a 15% EBITDA increase to €397M, with big investments in wind farms.

Ignitis Grupė reported a strong first nine months of 2024, with a 15% increase in Adjusted EBITDA to €397 million, largely due to its Green Capacities segment. The company invested €583.7 million, primarily in new wind farms in Lithuania, increasing its Green Capacities Portfolio to 7.7 GW. The company's credit rating was reaffirmed, and it updated its full-year 2024 EBITDA guidance to €480-500 million, with investments expected to be €750-900 million.

November 13, 2024
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