Ignitis Renewables starts cooperation with Södra Group

International green energy company Ignitis Renewables and international forest industry concern Södra signed their first construction right agreement for the development of a wind farms in Latvia. With this agreement Ignitis Renewables and Södra start their cooperation.

“Wind farms provide renewable energy that powers homes and businesses all over the globe. Wind power can help you save money, reduce your carbon footprint, and helps fight climate change. Latvia is a strategic market for Ignitis Renewables, and we see great potential here. We are already developing projects in Latvia, currently about 500 MW, and we are looking to increase our portfolio to make a meaningful contribution to the EU climate neutral goals”, - says Erika Ščiogoleva, CEO at Ignitis Renewables Latvia.

“Wind farms are renewable sources of energy that do not emit greenhouse gases or other air pollutants. That’s why we are proud to be a part of the projects who contribute towards a better sustainable world. We are confident that our cooperation will lead to great results in the nearest future”, - says Lars-Georg Hedlund, Managing director at Södra Latvia.  

About Södra Group

Södra was founded in 1938 and is the largest forest-owner cooperative in Sweden, with a membership of 53,000 forest owners. Södra is also an international forest industry Group, with 31000 employees around the world. Balancing production efficiency with nature conservation guides everything that Södra does. Södra use every part of the tree and produce timber products, pulp for paper and textiles, and green energy. Södra is a world-leading producer of market pulp and owns one of the largest sawmill operations in Europe. Through value-generating relationships and a long-term approach, Södra is leading the way for the future of sustainable forestry.