Jonava is a construction phase wind farm, located in the county of Kaunas, Lithuania. Project consist of 13 wind turbines.
Jonava Wind Farm is 75 % owned by the Taaleri SolarWind II fund, managed by Taaleri Energia, a Finnish-based wind and solar developer and fund manager and 25 % of an investment company, Atsinaujinančios Energetikos Investicijos, managed by Lords LB Asset Management, a leading investment management firm in the Baltics.
Construction work has started in March 2021, and the wind farm is expected to be fully operational in 2022.
The wind farm has been developed by European Energy, who will also provide Construction Management services during the construction phase as well as Technical and Commercial Management services in the operational phase. General Electric will be responsible for maintaining the turbines under a long term contract.
The wind farm has entered into long-term power purchase agreement with Axpo Nordic, which is part of the Axpo Group, the largest energy company in Switzerland. Long-term project financing for this investment has been provided by the Danish investment manager AIP Management on behalf of its investors.