Lietuvos energijos gamyba, AB - Notification on material event

Lietuvos Energijos Gamyba AB will provide the service for tertiary power reserve in 2017

Elektrėnai, Lithuania, 2016-12-29 08:45 CET (GLOBE NEWSWIRE) -- Lietuvos
Energijos Gamyba AB (hereinafter – the Company), identification code 302648707,
registered office placed at Elektrinės str. 21, LT-26108 Elektrėnai, Republic
of Lithuania. The total number of registered ordinary shares issued by company
is 635 083 615; ISIN code LT0000128571. 

Transmission system operator LITGRID AB disseminated information on December
28th about the ended negotiations on tertiary active power reserve service in
2017 year, attended by the Company. It is reported that the service will be
provided by the Company’s controlled Lithuanian Power Plant’s 7th and 8th
units. 

A 484 megawatt (MW) tertiary power reserve has been set for 2017, with the
maximum spending for the purchase of the tertiary power reserve set at EUR 32
million. 

More information on completed negotiations over the service for tertiary power
reserve can be found by following this link:
http://www.litgrid.eu/index.php/news-events-/news/negotiations-over-the-service-
for-tertiary-power-reserve-for-2017-completed-/3432 




         Vilius Aleksandravičius, Communication Manager at Corporate
Communication Division, phone +370 620 68809, e-mail:
vilius.aleksandravicius@le.lt