Ignitis
Sign in to saveIgnitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-owned energy holding company located in Vilnius, Lithuania. The Group’s core business is focused on operating Lithuania’s electricity distribution network (Networks) and managing and developing its Green Generation Portfolio (Green Generation). The Group also manages strategically important reserve capacities (Reserve Capacities) and provides services to its customers (Customers & Solutions), including the supply of electricity and natural gas, solar, e-mobility, energy efficiency and innovative energy solutions fo
Key facts
- Company.name
- Ignitis grupė AB
- Company.logo
- File:Ignitis group logo.svg
- Company.image
- Ignitis (Lazdynai) by Augustas Didzgalvis.jpg
- Company.image_caption
- Ignitis Group office in Vilnius
- Company.type
- State-owned enterprise
- Company.predecessor
- Lietuvos energija
- Company.location_city
- Vilnius
- Company.location_country
- Lithuania
- Company.area_served
- LithuaniaLatviaEstoniaPolandFinland
- Company.key_people
- Darius Maikštėnas (CEO)Alfonso Faubel (Chairman of Supervisory Board)
- Company.products
- Electric powerHeatNatural gas
- Company.equity
- €2.263 billion (2023)
- Company.owner
- Ministry of Finance
- Company.parent
- Finance Ministry of Lithuania
- Company.subsid
- Energijos skirstymo operatorius
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Article
5 sectionsContents
- History
- Investment in renewable energy across the Baltic countries
- Operations
- References
- External links
Ignitis Group (Ignitis grupė AB; former name: Lietuvos Energija UAB) is a state-owned energy holding company located in Vilnius, Lithuania. The Group’s core business is focused on operating Lithuania’s electricity distribution network (Networks) and managing and developing its Green Generation Portfolio (Green Generation). The Group also manages strategically important reserve capacities (Reserve Capacities) and provides services to its customers (Customers & Solutions), including the supply of electricity and natural gas, solar, e-mobility, energy efficiency and innovative energy solutions for private and business customers.
Ignitis Group shares are predominantly owned by the Ministry of Finance of the Republic of Lithuania, with the current Chairman of the Board and CEO of the company being Darius Maikštėnas. It is the fifth largest company in the Baltics.
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1991 establishments in LithuaniaCompanies based in VilniusCompanies in the OMX Baltic 10Companies listed on Nasdaq VilniusElectric power companies of LithuaniaEnergy companies established in 1991Government-owned companies of LithuaniaGovernment-owned energy companiesNatural gas companies of LithuaniaNon-renewable resource companies established in 1991