The Board of AB INTER RAO Lietuva decided to approve the reorganisation of its subsidiaries, UAB IRL Wind and UAB Vydmantai Wind Park, to increase the efficiency of the subsidiaries. During this process UAB IRL Wind will be merged with UAB Vydmantai Wind Park, transferring to the latter the accumulated experience and knowledge in preparation for further business development.

UAB Vydmantai Wind Park will take over all long-term and short-term assets of UAB IRL Wind as well as its long-term and short-term financial and other liabilities, amounts receivable and payable, rights and obligations arising out of contracts made by UAB IRL Wind or on other basis, except for UAB IRL Wind rights and obligations, which transfer is prohibited subject to the imperative legislation of the Republic of Lithuania or which cannot be transferred to other entity during reorganisation.