Litgrid Approves €62.49 Million Wind Hedge Agreement
Litgrid approved a 10-year financial agreement with UAB Joreta to hedge up to 100,000 MWh per year of wind power at €62.49/MWh from 2027 through 2036. The agreement includes Guarantees of Origin and €500,000 in performance assurance.
LITGRID AB approved a 10-year financial agreement with UAB Joreta to hedge up to 100,000 MWh/year of wind power at €62.49/MWh, for a total of €62.49M. The agreement covers 2027—2036 and includes Guarantees of Origin and €500K in performance assurance.