The international renewable energy company Energix Group has completed the acquisition of the Jonava renewable energy project in Lithuania.
The project comprises approximately 470 MW of clean energy capacity, including a 140 MW wind farm, a solar park of up to 330 MW, and a 320 MWh battery energy storage system (BESS). This transaction represents one of the largest renewable energy project acquisitions in Lithuania in recent years.
Energix Group, which operates in the United States, Poland and Israel, develops and operates wind and solar energy projects across their full lifecycle. The completion of this acquisition marks Energix’s entry into the Lithuanian market and reflects the company’s strategic focus on expanding its renewable energy portfolio in Europe.
Under the agreement, European Energy will continue developing the project until it is fully ready for the next stage of implementation.
Our team and services
Our team advised Energix Group on all aspects of the transaction, including legal due diligence, transaction structuring, negotiations and preparation of transaction documentation, arbitration matters, as well as regulatory and tax considerations.
The project was led by partners Asta Augutytė‑Rapkevičienė and Sergej Butov, with key contributions from senior associates Michailas Molis, Gabrielė Raižytė, Aliaksei Vashkevich, Simonas Šlitas, associate Jurgita Mikučionienė and other team members. Tax advice was provided by partner Indrė Ščeponienė, counsel Gerda Skirbutienė, and senior associates Edgars Hercenbergs and Povilas Užkuraitis. Partner Monika Mališauskaitė-Vaupšienė and senior associate Linas Petronaitis provided advice on competition law matters.
