Northern European energy company Gren joins wood processing company under TMV CAPITAL Group – JUODELIAI. This collaboration will introduce a complex configuration of energy services that converts wood processing residues into valuable industrial heat, essential for JUODELIAI lumber drying process in the new production plan tin Marijampolė.
GREN‘S Industrial Energy Service team will implement 10 MW energy plant. Initially, the plant will provide 5 MW of process heat, potentially expanding to 10 MW in the coming years, contingent on JUODELIAI growing energy needs. GREN will take full responsibility for the energy production operations throughout the plant's life cycle, ensuring a reliable and efficient energy supply.
The collaboration between GREN and JUODELIAI will commence immediately, with the new energy and production facilities expected to be operational by autumn 2025.
