Evecon Sells 220 MW Wind, 60 MWp Solar and 286 MWh BESS Hybrid Project in Marijampolė, Lithuania to Energix for €25.4 Million
UAB Evecon has sold a ready-to-build hybrid project in Lithuania's Marijampolė region to TASE-listed Energix Renewable Energies for €25.4 million. The project comprises a 220 MW wind farm, a 60 MWp solar park and a 286 MWh BESS, with all building permits in place and commercial operation targeted by end of 2027. Estimated construction cost is approximately €400 million.
Transaction date: · Source: en.evecon.ee
Key facts
- Transaction date
- Technology
- Onshore Wind, Solar PV, Battery Storage (BESS)
- Capacity
- 220 MW
- Transaction price
- 25.4 million (currency as reported in the source)
- Buyer
- Energix
- Seller
- Evecon
- Country
- Lithuania
- Region
- Marijampolė County
- Location
- Marijampolė region, Lithuania
- Continent
- Europe
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
Hybrid project comprising a 220 MW wind farm, a 60 MWp solar park and a 286 MWh battery energy storage system, all co-located on the same site. All required building permits in place. Wind turbines secured by Energix, with deliveries expected from July 2027. Commercial operation targeted by end of 2027. Estimated total construction cost approximately EUR 400 million.
Additional information
Sale and purchase agreement signed in August 2026; transaction closed in September 2026. Total transaction value of EUR 25.4 million: EUR 7.7 million paid at completion; remainder payable upon achievement of milestones related to technical working design preparation and approval. Evecon continues to lead technical design work under the new ownership. Energix Renewable Energies is listed on the Tel Aviv Stock Exchange. Evecon is an Estonian-owned developer with approximately 4 GW development pipeline across the Baltics.
Source
Original announcement: https://en.evecon.ee/evecon-sells-renewable-energy-project-in-lithuania-to-israeli-company-energix/