Kelme Wind Lithuania Tender

Project ID: 55604
Status: Exploratory
Location: Lithuania
Business Sector: Energy
Notice Type: Private
Approval Date: 23 Jul 2025
Disclosure date: 23 May 2025

Project Description
Financing in favour of UAB "Vejas LT" and WINDLIT, UAB, special purpose vehicles incorporated in Lithuania for the development, construction and operation of two onshore wind farms with 313.7 MW installed capacity in total (114.1 MW and 199.6 MW respectively) in the Kelme region of northwest Lithuania.

Project Objectives
The operation will enable constructing and operating two onshore wind farms with a combined capacity of 313.7 MW, with 44 turbine generators supplied by a European wind turbine manufacturer. The Banks proceed will be used alongside Sponsor's equity and co-lenders debt to fund the total cost of the project.

Transition Impact
ETI score:63

en: The transition impact arises from delivering climate mitigation benefits through the construction of 313.7 MW of additional renewable energy generation capacity which will displace approximately 707 thousand tonnes of CO2e emissions annually.

Competitive: Some of the generated electricity from the 313.7 MW capacity will be sold in the Lithuanian Nord Pool day-ahead market, which will contribute adding liquidity to the market and benefit the market's development and stability