Potential offtaker

AB "Ignitis grupe"

www.ignitisgrupe.lt

Estimated electricity consumption

N/A

Countries of production presence

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AB Ignitis Grupė is a leading energy company in Lithuania, which operates in the integrated electric utilities sector. The company is committed to providing sustainable and reliable energy solutions to its customers, while also contributing to the decarbonisation of the energy sector. Ignitis Grupė is a publicly traded company, with its shares listed on the Nasdaq Vilnius stock exchange.

The company's core business activities include the generation, distribution, and supply of electricity and natural gas. Ignitis Grupė operates a diverse portfolio of power plants, including renewable energy sources such as wind, solar, and hydroelectric power. The company's renewable energy portfolio has been growing steadily in recent years, reflecting its commitment to decarbonisation and sustainability.

Ignitis Grupė's corporate energy services are designed to help businesses and organisations reduce their carbon footprint and energy costs. The company offers a range of energy efficiency solutions, including energy audits, energy management systems, and renewable energy installations. Ignitis Grupė also provides corporate power purchase agreements (PPAs), which enable businesses to purchase renewable energy directly from the company's portfolio of wind and solar power plants.

Corporate PPAs are an increasingly popular way for businesses to meet their sustainability goals and reduce their carbon footprint. Ignitis Grupė's corporate PPA solutions are tailored to the specific needs of each customer, providing a reliable and cost-effective source of renewable energy. The company's corporate PPA services are available to businesses of all sizes, from small start-ups to large multinational corporations.

Renewable energy is a key focus for Ignitis Grupė, as the company seeks to reduce its carbon footprint and contribute to the decarbonisation of the energy sector. The company's renewable energy portfolio includes wind, solar, and hydroelectric power plants, which provide a reliable and sustainable source of energy. Ignitis Grupė is committed to expanding its renewable energy portfolio in the coming years, as it seeks to meet the growing demand for clean energy.

In addition to its renewable energy activities, Ignitis Grupė is also involved in the distribution and supply of natural gas. The company operates a network of gas pipelines and storage facilities, which provide a reliable and secure source of natural gas to customers in Lithuania and other European countries. Ignitis Grupė is committed to promoting the use of natural gas as a cleaner and more sustainable alternative to traditional fossil fuels.

Ignitis Grupė's commitment to sustainability and decarbonisation is reflected in its corporate strategy and business practices. The company has set ambitious targets for reducing its carbon footprint and increasing its renewable energy portfolio. Ignitis Grupė is also committed to promoting energy efficiency and reducing energy consumption, both within its own operations and among its customers.

In conclusion, Ignitis Grupė is a leading energy company in Lithuania, which operates in the integrated electric utilities sector. The company is committed to providing sustainable and reliable energy solutions to its customers, while also contributing to the decarbonisation of the energy sector. Ignitis Grupė's corporate energy services, corporate PPAs, and renewable energy portfolio are all designed to help businesses and organisations reduce their carbon footprint and energy costs. The company's commitment to sustainability and decarbonisation is reflected in its corporate strategy and business practices, making it a key player in the transition to a more sustainable energy future.

✓ Declared Net Zero commitment