Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
On 10 October 2025, Ignitis Renewables signed a sale and purchase agreement to acquire Ocean Winds’ 49% stake in the Curonian Nord offshore wind project company UAB "Offshore wind farm 1", following approval by Lithuania’s National Energy Regulatory Council. Ignitis will pay a nominal price for the shares and reimburse Ocean Winds for directly incurred project-related costs, giving Ignitis Renewables full control of Curonian Nord while it continues preparatory work towards obtaining a construction permit in 2027 and selecting a new partner ahead of FID.