On the deregistration of Lietuvos Energija Support Foundation

AB “Ignitis grupė” informs that on 30 August 2021, with the conclusion of the liquidation procedures, Lietuvos Energija Support Foundation (hereinafter – the Fund) was deregistered from the Register of Legal Entities.

We remind you that the decision to initiate the termination of activities of the Fund, and later – the Fund itself, was adopted by the Management Board of its sole shareholder – AB “Ignitis grupė”. The Fund did not conduct any activities since 2018, and its liquidation was initiated in March 2021.

You can find information about the financial support granted over the life span of the Fund here: www.ignitisgrupe.lt/paramos-fondo-ataskaitos.

The liquidation of the Fund does not impact the currently effective Ignitis Group Financial Support Policy. It sets out that, by following the good practices from other countries and the private sector, only the Group companies developing and maintaining renewables projects can grant financial support to the communities close in proximity, i.e., UAB “Ignitis renewables” and its subsidiaries. Read about it more here: https://ignitisgrupe.lt/en/financial-support.