Lithuanian Companies to Produce Wind Turbine Components at the Port of Riga

Lietuvos Radijas ir Televizija

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Factuality

Ownership

As the Free Port of Riga develops logistics infrastructure for the production of offshore and onshore wind turbines and their components, a group of Lithuanian companies, including the Vilnius Science and Innovation Center (VMIC), a renewable energy developer, and the investment company Lords LB Asset Management, have acquired the right to lease part of the port infrastructure and two land plots for this purpose.

vz.lt

Factuality

Ownership

The Riga Free Port Authority is implementing a strategic project and developing logistics infrastructure for the production of offshore and onshore wind turbines and their components. In the first selection, a group of investors from Lithuania won the lease rights.