European Energy, Centrica ink balancing deals for Lithuanian renewables
- Admin
- Sep 13, 2024
- 4 min read
Danish renewables developer European Energy A/S and Centrica Energy have signed three balancing agreements for renewable electricity in Lithuania. Centrica Energy will manage and trade the generation of two wind farms and one solar farm on behalf of European Energy. Including these contracts, Centrica now has a portfolio of wind and solar assets under management in the Baltic states. The partnership signifies the maturity of the Baltic electricity market with a growing need for more power purchase agreements.
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