Tuesday, November 29, 2022
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Ignitis Renewables and Södra sign agreement for the development of a wind farm in Latvia

International green energy company Ignitis Renewables and international forest industry concern Södra signed their first construction right agreement for the development of a wind farm in Latvia.

“Wind farms provide renewable energy that powers homes and businesses all over the globe,” underlined Erika Ščiogoleva, CEO at Ignitis Renewables Latvia. “Wind power can help you save money, reduce your carbon footprint and helps fight climate change. Latvia is a strategic market for Ignitis Renewables and we see great potential here. We are already developing projects in Latvia, currently, about 500 megawatts (MW) and we are looking to increase our portfolio to make a meaningful contribution to the EU climate-neutral goals.”

“Wind farms are renewable sources of energy that do not emit greenhouse gases or other air pollutants,” added Lars-Georg Hedlund, Managing director at Södra Latvia. “That’s why we are proud to be a part of the projects who contribute towards a better sustainable world. We are confident that our cooperation will lead to great results in the nearest future.”

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