Ignitis Seeks Bid Partner for Upcoming Lithuanian Offshore Wind Tender

About Ignitis

Ignitis is a leading energy generation and supply company in Lithuania, with a strong focus on renewable energy sources such as wind, solar, and biomass. The company has been actively involved in the development of the Lithuanian energy market, with a goal of reducing the country’s dependence on fossil fuels and decreasing greenhouse gas emissions.

Offshore Wind Tender

Ignitis is currently seeking a bid partner for its upcoming offshore wind tender, which aims to develop a new offshore wind farm off the coast of Lithuania. The project is expected to be one of the largest offshore wind farms in the region, with an expected capacity of over 500 megawatts.

Project Details

* The project is expected to be commissioned in 2025, with a construction period of approximately 2-3 years.
* The wind farm will be located in the Baltic Sea, approximately 100 km off the coast of Lithuania.
* The project will require an investment of approximately €1.5 billion, with Ignitis seeking a bid partner to share the financial and operational risks.

Benefits of the Project

* The project will help reduce Lithuania’s carbon footprint and contribute to the country’s ambitious goal of reducing its greenhouse gas emissions by 80% by 2025.
* The project will create new jobs and stimulate local economic growth, with an estimated 1,000 jobs created during the construction phase.
* The project will also increase the share of renewable energy in Lithuania’s energy mix, reducing the country’s dependence on fossil fuels.

Requirements for Bid Partner

* Experience in offshore wind farm development and operation
* Strong financial resources and expertise in project financing
* Ability to share the risks and rewards of the project
* Proven track record in EPCF (Engineering, Procurement, Construction, and Financing) contracts
* Compliance with EU regulations and Lithuanian law

Selection Process

Ignitis will follow a competitive bidding process to select a bid partner for the project. The selection process will be based on a combination of factors, including:

* Technical and financial capabilities
* Project expertise and track record
* Compliance with EU regulations and Lithuanian law
* Competitive pricing and value for money

Timeline

* Expression of Interest (EOI) deadline: [TBC]
* Pre-Qualification (PQ) deadline: [TBC]
* Shortlisting and negotiations: [TBC]
* Final selection and announcement: [TBC]

FAQs

Q: What is the total capacity of the offshore wind farm?
A: The project is expected to have an installed capacity of over 500 MW.

Q: What is the anticipated start date of the project?
A: The project is expected to be commissioned in 2025.

Q: What is the total investment required for the project?
A: The project requires an investment of approximately €1.5 billion.

Q: Who is the lead partner for the project?
A: Ignitis is the lead partner for the project, and is seeking a bid partner to join the project team.