Ignitis Group
Electricity, Oil & Gas · Lithuania · 1K - 5K Employees
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Overview
Headquarters
Laisvs 10 Pr, Vilnius, Vilnius County, 0...Website
www.ignitisgrupe.ltRevenue
$3 BillionIndustry
ZI Rank: 5
Signal Type
Dec
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ZI Rank
3
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6
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5
About Ignitis Group
Ignitis Group is a renewablesfocused integrated utility operating across the Baltic Sea region, with core activities spanning power and heat generation, electricity and natural gas trading and distribution, and power system maintenance and development. Headquartered in Lithuania, the group runs businesses in Lithuania, Latvia, Estonia, Poland, and Finland, combining conventional and green assets as it transitions its portfolio toward cleaner energy. A key strategic priority is the development of green and distributed energy solutions, aiming to become the regions main competence center for new energy. Ignitis also operates an innovation fund that invests in earlystage energy startups in markets such as the UK, Norway, and France. Through its mix of infrastructure, trading operations, and innovation investments, the group plays a central role in modernizing and decarbonizing the regional energy system.Explore more
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Ignitis Group News & Media
Ignitis Group has retained ‘BBB+’ credit rating
AB “Ignitis grupė” (hereinafter – the Group) informs that an international credit ratings agency, S&P Global Ratings, after performing annual review of the Group’s credit rating, reaffirmed ‘BBB+’ (stable outlook) credit rating. You can find the credit rating report here (link).Ignitis Group increases its investment in the Networks segment 1.4 times to EUR 3.5 billion for the 2024–2033 period
AB “Ignitis grupė” (hereinafter – the Group) informs that its subsidiary AB “Energijos skirstymo operatorius” (hereinafter – ESO) has updated its 10-year (2024–2033) investment plan for the distribution networks (hereinafter – Draft Investment Plan) and is submitting it for public consultation and coordination to the market regulator (National Energy Regulatory Council, NERC) (link in Lithuanian).Ignitis Group increases its investment in the Networks segment 1.4 times to EUR 3.5 billion for the 2024–2033 period
AB “Ignitis grupė” (hereinafter – the Group) informs that its subsidiary AB “Energijos skirstymo operatorius” (hereinafter – ESO) has updated its 10-year (2024–2033) investment plan for the distribution networks (hereinafter – Draft Investment Plan) and is submitting it for public consultation and coordination to the market regulator (National Energy Regulatory Council, NERC) (link in Lithuanian).Ignitis Group concluded EUR 105 million long-term financing agreement with EIB
AB “Ignitis grupė” informs that on 12 March 2024 the Group signed a financing agreement for the 5th unit of Kruonis Pumped Storage Hydroelectric Power Plant of EUR 105 million with the...
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Ignitis Group is a renewablesfocused integrated utility operating across the Baltic Sea region, with core activities spanning power and heat generation, electricity and natural gas trading and distribution, and power system maintenance and development. Headquartered in Lithuania, the group runs businesses in Lithuania, Latvia, Estonia, Poland, and... Read More
