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Ignitis closes long-term LNG supply contract with EQT subsidiary for 2027–2036

Ignitis has signed a long-term purchase agreement for liquefied natural gas (LNG) with a subsidiary of EQT Corporation covering 2027–2036. The company will receive 10 LNG cargoes per year, totaling about one terawatt-hour, to secure household gas supply in Lithuania and diversify sourcing. Pricing is linked to the Henry Hub and TTF reference indices. The transaction still requires regulatory approvals under the national security review and approval by the supplier’s governing bodies; it does not affect adjusted EBITDA or 2026 investments. » More on de.investing.com
Ignitis Group updates euro bond programme of €2 billion

Ignitis Group has updated its Euro Medium Term Note programme with a volume of €2 billion and had the base prospectus approved by the Luxembourg regulator. The adjustment creates a framework for future bond issuances but does not constitute an immediate issuance and does not change the guidance for adjusted EBITDA and investments for 2026. The group holds investment-grade ratings from S&P (BBB+) and Moody’s (Baa1) with a stable outlook and has three outstanding bonds of €300 million each (maturing 2027–2030). » More on de.investing.com
Ignitis Group confirms outlook, share falls after profit decline

Ignitis Group reported an adjusted EBITDA of €306m for H1 (+2%) and an adjusted net profit of €116m (−21%) — burdens from higher impairments and weaker financial performance. The share subsequently fell 7.04% to $0.66 and is trading near its 52‑week low. The company confirmed its 2026 guidance (adjusted EBITDA €550–600m), emphasized that projects in renewables, storage and grids are on schedule, and plans the early refinancing of €300m of bonds. Net debt stands at €1.9bn (net debt/EBITDA 3.5x) and free cash flow was slightly positive in H1. » More on de.investing.com