Lithuanian electricity transmission system operator Litgrid AB (company code 302564383, registered office address Karlo Gustavo Emilio Manerheimo str. 8,

EPSO-G has entered into a tripartite loan transfer agreement and a new internal loan agreement with Amber Grid. December 22, 2025 09:15 ET | Source: EPSO-G UAB The new energy group EPSO-G (company code 302826889, registered office address: Laisvės pr. 10, Vilnius, Lithuania). UAB EPSO-G has entered into a tripartite debt transfer agreement with AB Amber Grid and the Nordic Investment Bank (NIB). Under the terms of the agreement, UAB EPSO-G assumes a loan of €10.9 million that was granted under the loan agreement dated August 19, 2015, between AB Amber Grid and NIB, intended to finance the Klaipėda - Kiemėnai pipeline capacity expansion project (construction of the Klaipėda - Kuršėnai pipeline). The original loan repayment term was scheduled for the second half of 2030. In addition, UAB EPSO-G and AB Amber Grid have concluded an internal loan agreement under the same terms as those applied in the original agreement. This transaction ensures the continuity of financial obligations and contributes to effective capital management of the EPSO-G group's capital structure. The EPSO-G group of companies consists of the holding company EPSO-G and its six direct subsidiaries Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid and Tetas. EPSO-G and its Group companies also hold shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ and TSO Holding AS. The rights and obligations of the sole shareholder of EPSO-G are exercised by the Ministry of Energy of the Republic of Lithuania. Gediminas Petrauskas, communication partner of EPSO-G Tel: +370 610 63306, email: [email protected]

Lithuanian leaders laud defence contribution as Rheinmetall breaks ground on ammo factory. Construction officially began on a new ammunition factory co-owned by German military industry giant Rheinmetall | G. Šiuparis / LRT Construction officially began Tuesday on a new ammunition factory co-owned by German military industry giant Rheinmetall and Lithuanian state-owned companies near the northern town of Baisogala, a project Lithuanian leaders say will bolster the defence of both Lithuania and Europe. "Once built, the Rheinmetall factory will supply every soldier under the NATO flag. This will contribute to Europe's ability to defend itself and manage its own ammunition stocks," President Gitanas Nausėda said at the groundbreaking ceremony. "To a Europe that cannot be blackmailed or intimidated, to a Europe that is ready to act." Prime Minister Inga Ruginienė said the project is not just about jobs, investment, and additional budget revenue. "It's also a very significant contribution to the defence industry. As Ukraine has shown, it's particularly important to be able to procure certain items immediately. It is in Lithuania's best interest to have its own industry," she told reporters. Rheinmetall CEO Armin Papperger described the factory as strategically important for Lithuania and Europe, sending a signal of Germany's commitment to NATO's eastern flank. "Approximately 150 kilometres from Kaliningrad and 300 kilometres from Belarus, the factory will strengthen the partnership between Germany and Lithuania and enhance NATO and EU defence preparedness," he said. Construction officially began on a new ammunition factory co-owned by German military industry giant Rheinmetall | G. Šiuparis / LRT The facility, valued at €260 - 300 million, will be built on a 340-hectare site in the village of Kemėrai, about six kilometres from Baisogala, and is expected to produce tens of thousands of 155 mm artillery shells annually. Rheinmetall is partnering with Lithuanian state-owned companies Epso-G Invest and Giraitės Ginkluotės Gamykla (GGG). The plant will be constructed by PST Group, one of Lithuania's largest construction firms, under a contract worth €141 million. Construction is scheduled for completion by the end of 2026.