Lietuvos Energija
| state-owned enterprise | |
| Industry | Energy |
| Headquarters | Vilnius, Lithuania |
Key people | Dalius Misiūnas (Chairman of the Board, CEO) |
| Products |
Electric power Heat Natural gas |
| Revenue | €1.1billion (2015)[1] |
| Owner | Ministry of Finance |
| Website |
www |
Lietuvos Energija is a state-controlled energy holding company in Lithuania. It controls companies involved in power and heat generation and distribution, natural gas trade and distribution, and supporting services. Its shares belong to the Ministry of Finance of the Republic of Lithuania.[2]
Lietuvos Energija controls Lithuanian main power plants . It owns through 96.13% stake in Lietuvos Energijos Gamyba the largest power plant in Lithuania, Elektrėnai Power Plant, and directly owns two largest hydroelectric plants in the country (Kruonis Pumped Storage Plant and Kaunas Hydroelectric Power Plant).[3] The company's headquarters is located in Vilnius.[4]
The group supplies electricity through 94.39% stake in LESTO and natural gas through 96.64% stake in company Lietuvos Dujos.
History
Its predecessor, the Lithuanian Power Company, was a wholly state-owned enterprise that owned and operated all electrical and heating businesses in Lithuania apart from Ignalina Nuclear Power Plant. Privatization took place in 1997, when 86.5% of the shares went to the government, 8.5% to its workers, and 5% to the Swedish company Vattenfall.[5]
After dissolution of LEO LT in 2010, the state-owned group of electricity companies operated as the Visaginas Nuclear Power Plant.[6]
On September 2012, the transmission system operator Litgrid and the electricity market operator Baltpool were separated from Lietuvos energija and spun off to the state-owned company EPSO-G.[7]
On 30 August 2013, Group parent company UAB Visagino Atominė Elektrinė has changed its name to Lietuvos Energija, UAB.[8]
Structure
The group comprises the following companies:[9]
- Lietuvos Energijos Gamyba, AB, electricity and heat generation and trading company
- AB LESTO, electricity distribution network operator
- UAB Elektros tinklo paslaugos
- UAB NT Valdos
- UAB Energijos tiekimas
- UAB Kauno energetikos remontas, energy technical maintenance company
- AB Lietuvos Dujos, natural gas supplier and distributor
- UAB LITGAS
- UAB VAE SPB
- UAB Duomenų logistikos centras
- UAB Technologijų ir inovacijų centras
- UAB Verslo aptarnavimo centras
- VŠĮ Energetikų mokymo centras
- SIA Geton Energy
- OU Geton Energy
- UAB Gotlitas
References
- ↑ http://vz.lt/sektoriai/energetika/2016/02/26/lietuvos-energijos-pajamos-virsijo-1-mlrd-eur
- ↑ "About the Lietuvos Energija Group".
- ↑ "Lietuvos Energijos gamyba acquires Lietuvos Elektrine shares". The Baltic Course. 2010-10-13. Retrieved 2010-10-29.
- ↑ http://www.le.lt/index.php/contacts/contacts/551 "Contacts"
- ↑ Venkataraman Krishnaswamy, Gary Stuggins (2003). Private Sector Participation in the Power Sector in Europe and Central Asia. World Bank. ISBN 978-0-8213-5529-9.
- ↑ CONSOLIDATED AND COMPANY'S FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2011 (Report). UAB Visagino Atomine Elektrine. 2012-04-23. Retrieved 2014-11-07.
- ↑ Visagino Atomine Elektrine UAB Consolidated annual report, consolidated and company's financial statements for the year ended 31 December 2012 (Report). UAB Visagino Atomine Elektrine. 2013-04-08. Retrieved 2014-11-07.
- ↑ ANNUAL REPORT 2013 (Report). Lietuvos Energija, UAB. 2013-04-30. Retrieved 2014-11-07.
- ↑ About the Lietuvos Energija Group