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TGS Baltic Advises Green Genius on Wind Farm Acquisition in Lithuania

TGS Baltic Advises Green Genius on Wind Farm Acquisition in Lithuania

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TGS Baltic has advised Green Genius on the acquisition of an 85-megawatt wind farm in Lithuania.

Green Genius is an international renewable energy company. According to TGS Baltic, the company will “directly invest over EUR 100 million in this project. Businesses operating in Lithuania will be able to purchase green energy from the new wind farm, saving them over 130,000 tonnes of carbon dioxide emissions. In addition, this project will account for around 13% of Lithuania’s current wind power portfolio.”

TGS Baltic’s team included Partners Dalia Tamasauskaite-Ziliene, Dainius Stasiulis, and Paulius Zapolskis and Senior Associates Indre Vickaite-Liatuke, Simas Paukstys, and Lukas Vaisvila.

TGS Baltic could not provide additional information on the deal.