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13.1 % In January – December 2020, the Group generated revenue of EUR 1,268.7 million, which is 16.3 per cent. more compared to a respective period of 2019 (EUR 1,090.6 million). The Group's revenue mainly increased as a result of higher revenue of the networks segment due to price of power distribution service, which is comprised of power transmission, distribution and public service obligations (PSO) components and higher revenue of CCGT unit in Elektrėnai complex of flexible generation segment. The adjusted EBITDA indicator of the Group in January – December 2020 was equal to EUR 293....

13.1 % In January – December 2020, the Group generated revenue of EUR 1,268.7 million, which is 16.3 per cent. more compared to a respective period of 2019 (EUR 1,090.6 million). The Group's revenue mainly increased as a result of higher revenue of the networks segment due to price of power distribution service, which is comprised of power transmission, distribution and public service obligations (PSO) components and higher revenue of CCGT unit in Elektrėnai complex of flexible generation segment. The adjusted EBITDA indicator of the Group in January – December 2020 was equal to EUR 293....

Investegate announcements from AB

2 Min Read VILNIUS (Reuters) - Lithuania will build one of the largest battery storage systems in the world by the end of 2021, its energy minister told Reuters, to ensure smooth supply of power as it disconnects from the Russian-controlled grid. FILE PHOTO: U.S. Secretary of Energy Rick Perry and Lithuanian Minister of Energy Zygimantas Vaiciunas attend a news conference after the partnership for Transatlantic energy cooperation conference in Vilnius, Lithuania October 7, 2019. REUTERS/Ints Kalnins/File Photo The country plans to invest 100 million euros (90.8 million pounds) to install four...

Sustainable finance - an emerging area of finance. How will it affect Lithuania? Lithuania December 21 2020 In the context of the European Green Deal, the Paris Climate Agreement and other international initiatives to combat climate change, sustainable finance is discussed almost daily. It is becoming not only one of the most important tools in achieving environmental goals that create high added value for society, but also one of the most attractive investment directions for investors. Not surprisingly, many experts view sustainable finance as crucial to the future of the economy and the cur...