European Energy Sells 470 MW Jonava Hybrid Wind, Solar and BESS Project in Lithuania to Energix
European Energy has completed the divestment of the Jonava hybrid renewable energy project in Lithuania to Energix – Renewable Energies. The 470 MW project combines approximately 140 MW of onshore wind, 330 MWp of solar PV and 320 MWh of BESS storage. Construction is expected to begin shortly, with full commercial operation targeted for 2027.
Transaction date: · Source: europeanenergy.com
Key facts
- Transaction date
- Technology
- Onshore Wind, Solar PV, Battery Storage (BESS)
- Capacity
- 470 MW
- Transaction price
- Not disclosed
- Buyer
- Energix
- Seller
- European Energy
- Country
- Lithuania
- Region
- Jonava
- Location
- Jonava, Lithuania
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
Hybrid renewable energy project with a planned capacity of approximately 470 MW, comprising approximately 140 MW of onshore wind, 330 MWp of solar PV and 320 MWh of energy storage (BESS). Construction expected to commence shortly after closing, with full commercial operation targeted for 2027.
Additional information
Transaction demonstrates European Energy's integrated development model, advancing projects from early-stage development through permitting and design to ready-to-build status. The hybrid structure enhances grid stability and enables more efficient use of shared infrastructure. European Energy continues to develop a pipeline of wind, solar and hybrid projects across its core European markets.
Source
Original announcement: https://europeanenergy.com/2026/03/31/european-energy-divests-jonava-project-in-lithuania-demonstrating-delivery-of-large-scale-ready-to-build-projects/