AB Ignitis grupė

https://ignitisgrupe.lt/en

AB Ignitis grupė, commonly known as Ignitis Group, is a renewables-focused integrated utility headquartered in Vilnius, Lithuania. The company's core business revolves around electricity and gas distribution, generation, and supply, alongside the development of smart energy solutions. Its overarching mission is to establish a 100% green and secure energy ecosystem for present and future generations, spearheading the regional transition towards a climate-neutral, secure, and independent energy landscape.

Ignitis Group's operations are segmented into Green Capacities, Networks, Customers & Solutions, and Reserve Capacities. Key offerings include the development of green generation technologies such as onshore and offshore wind farms, batteries, pumped-storage hydro, and power-to-X (P2X) solutions. The company also manages electricity and gas distribution networks and provides B2C and B2B electricity and natural gas supply, e-mobility solutions, and energy efficiency services. Ignitis Group operates across the Baltic states (Lithuania, Latvia, Estonia), Poland, and Finland, serving approximately 1.4 to 1.6 million customers.

Darius Maikštėnas has served as the CEO and Chair of the Management Board since 2018, with Alfonso Faubel as the Chairman of the Supervisory Board. Ignitis Group completed the largest initial public offering (IPO) in the Baltics in 2020. Recent developments include appointments to subsidiary boards, the reception of components for battery farms, and Ignitis Renewables marking a record year in 2025 with six projects reaching commercial operation. The company also completed the sale of 49% of its shares in Vilnius CHP in March 2026. Positioned as the largest public company and energy group in the Baltics, Ignitis Group aims to achieve 4-5 GW of installed green capacities by 2030 and reach net-zero emissions between 2040 and 2050.

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