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Summary sheet

Release date
15 April 2026
Status
Reference
Under appraisal | 13/02/2026
20250529
Project name
Promoter - financial intermediary
JONAVA SOLAR AND WIND
ENERGIX POLSKA SP ZOO
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
not disclosed
not disclosed
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project will finance the construction and operation of a hybrid renewable energy asset, the Jonava cluster, located in Kaunas County, Central Lithuania. It consists of a 330 MW solar photovoltaic plant and a 142 MW onshore wind farm.

The aim is to contribute the achievement of the 2030 decarbonisation targets set out in the National Energy and Climate Plan (NECP) of Lithuania. The project is entirely located in a Less Developed Region. It is therefore eligible under Article 309 (a) projects for developing less-developed regions and (c) common interest.

Environmental aspects
Procurement

The project is expected to contribute to Climate Action and Environmental Sustainability (CA&ES) objectives, in particular to climate change mitigation and pollution prevention and control.

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation then the Bank would duly inform the Commission Services and would require the promoter to apply those rules. Main suppliers/contractors are not known yet at this stage of the appraisal.

Milestone
Under appraisal

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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