Business
First three months 2025 interim report: strong performance and strategic plan execution marked by the launch of Kelmė wind farm I. Full-year 2025 Adjusted EBITDA and Investments guidance reiterated
AB “Ignitis grupė” publishes its First three months 2025 interim report, which is attached to this notice.Financial performanceOur Adjusted EBITDA for the first three months of 2025 amounted to EUR 188.5 million (+3.7% 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 58.0% share of our total Adjusted EBITDA. In 3M 2025, our Investments amounted to EUR 146.5 mill
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 three months 2025 interim report, which is attached to this notice.","length":106,"tagName":"p"},{"type":"text","content":"Financial performance","length":21,"tagName":"p"},{"type":"text","content":"Our Adjusted EBITDA for the first three months of 2025 amounted to EUR 188.5 million (+3.7% 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 58.0% share of our total Adjusted EBITDA.","length":318,"tagName":"p"},{"type":"text","content":"In 3M 2025, our Investments amounted to EUR 146.5 million (-30.1% YoY). In total, around half (48.7%) of the Investments were made in the Green Capacities segment, mainly for new solar and onshore wind farms. With several projects reaching COD or nearing completion, total Investments decreased compared to 3M 2024.","length":315,"tagName":"p"},{"type":"text","content":"Our leverage metrics remained strong. The FFO LTM/Net Debt ratio remained robust with a 0.9 pp decrease to 28.8% (compared to 29.7% as of 31 December 2024).Business development","length":178,"tagName":"p"},{"type":"text","content":"Green Capacities: Portfolio increased to 8.4 GW (from 8.0 GW), Secured Capacity stands at 3.1 GW, Installed Capacity at 1.4 GW.","length":127,"tagName":"p"},{"type":"text","content":"Key milestones: – finished construction works at Kelmė WF I (114.1 MW) in Lithuania; COD reached after the reporting period; – acquired a hybrid development project (285 MW) in Lithuania, which includes a 200 MW WF, a 65 MW SF and a 20 MW (80 MWh) BESS (Advanced Development Pipeline);– acquired co-development wind farm projects (204 MW) in Estonia (Early Development Pipeline);– received the first segments for the new 840 m penstock at Kruon...