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flag Ignitis bid for 700 MW of Baltic Sea offshore wind under Lithuania’s tender, with results due by year-end.

flag Ignitis Group has bid to develop at least 700 megawatts of offshore wind power in the Baltic Sea under Lithuania’s state-supported tender, which closed on October 7, 2025. flag The company, through its subsidiary Ignitis renewables projektai 5, chose the contract for difference option with rates between 75.45 and 125.74 EUR/MWh. flag The National Energy Regulatory Council will announce the winner by year-end. flag Ignitis aims to expand its green energy capacity to 4–5 GW by 2030 and says the bid won’t affect its 2025 financial targets. flag A separate announcement will follow only if the bid is successful.

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