Business
First six months 2025: solid results and continued strategy delivery, highlighted by the launch of 313.7 MW Kelmė wind farm, the largest in the Baltics. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated
AB “Ignitis grupė” publishes its First six months 2025 interim report, which is attached to this notice. Financial performance Our Adjusted EBITDA for the first six months of 2025 amounted to EUR 300.8 million (+3.8% YoY). The growth was driven by the stronger performance of our two largest segments: Green Capacities and Networks. The Green Capacities segment remained the largest contributor with a 55.4% share of our total Adjusted EBITDA. In 6M 2025, our Investments amounted to EUR 343.2 millio
About this update from Ignitis Grupe Ab
[{"type":"image","alt":"Ignitis grupe","displaySize":"","headline":null,"caption":"Ignitis grupe","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":145,"url":"https://media.zenfs.com/en/globenewswire.com/97aa8771a4fc799ba3e227d0f52cb363"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fWm9vMxu2t3OyjYfVy3IXw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIwMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/97aa8771a4fc799ba3e227d0f52cb363","width":300,"height":145}},"lazy":false},{"type":"text","content":"AB “Ignitis grupė” publishes its First six months 2025 interim report, which is attached to this notice.","length":104,"tagName":"p"},{"type":"text","content":"Financial performance","length":21,"tagName":"p"},{"type":"text","content":"Our Adjusted EBITDA for the first six months of 2025 amounted to EUR 300.8 million (+3.8% YoY). The growth was driven by the stronger performance of our two largest segments: Green Capacities and Networks. The Green Capacities segment remained the largest contributor with a 55.4% share of our total Adjusted EBITDA.","length":316,"tagName":"p"},{"type":"text","content":"In 6M 2025, our Investments amounted to EUR 343.2 million (-18.7% YoY). 48.1% of the total Investments were made in the Networks segment and 45.6% in the Green Capacities segment, particularly new solar, onshore wind and Kruonis PSHP expansion projects. With several projects reaching COD or nearing completion, total Investments decreased compared 6M 2024.","length":362,"tagName":"p"},{"type":"text","content":"Our leverage metrics remained strong. The FFO LTM/Net Debt ratio remained robust with a 0.1 pp increase to 29.8% (compared to 29.7% as of 31 December 2024). Business development","length":179,"tagName":"p"},{"type":"text","content":"Green Capacities: Secured Capacity increased to 3.4 GW (from 3.1 GW), Installed Capacity increased to 1.8 GW (from 1.4 GW).","length":123,"tagName":"p"},{"type":"text","content":"Key milestones: – reached COD at Kelmė WF (313.7 MW) in Lithuania;– supplied first power to the grid at Varme SF (94 MW) and Stelpe I SF (72.5 MW) in Latvia; both projects reached CODs after the reporting period;– made the Final Investment Decisions for Kelmė (147 MW), Kruonis (99 MW), and Mažeikiai (45 MW) BESS projects in Lithuania.","length":344,"tagName":"p"},{"type":"text","content":"Networks: 3.5 EUR...