Company details

Company code: 303792888
VAT identification number:LT100009225616
Head office: Jėgainės St. 6, Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania
Correspondence address:Jėgainės St. 6, LT-52490 Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania
Establishment date and register: 27 February 2015, Lithuanian Register of Legal Entities
Bank account:LT977300010149262104
Bank: Swedbank, AB
Shareholders:AB "Ignitis grupė" – 51%, UAB "Gren Lietuva" – 49%
Share capital:40 000 000 Eur

Contact information

UAB Kauno kogeneracinė jėgainė

Kaunas Combined Heat and Power Plant is one of the most technologically advanced cogeneration plants in the Baltics. It converts non-hazardous industrial and municipal waste which is left over after secondary sorting and cannot be recycled into electricity and heat. The plant is able to cover nearly half of the heat demand in Kaunas.

More information about cogeneration power plants you can find here.

Ignitis Group companies are fully committed to build a sustainable future. You can read more about the Group's sustainability activities in the 2023 Sustainability (Corporate Social Responsibility) Report, which is part of the Group's annual report.

Our purpose, strategy, priorities and targets

Performance 2024
Performance, EURm
Revenue

53.9

Expenses

(16.9)

Adjusted EBITDA

37.0

Net profit

26.4

Investments: 

1.7

Assets: 

172.1

Equity

70.7

Liabilities

101.4

Number of employees

43

Company details

Company code: 303792888
VAT identification number:LT100009225616
Head office: Jėgainės St. 6, Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania
Correspondence address:Jėgainės St. 6, LT-52490 Biruliškės vlg, Karmėlava eld., Kaunas reg., Lithuania
Establishment date and register: 27 February 2015, Lithuanian Register of Legal Entities
Bank account:LT977300010149262104
Bank: Swedbank, AB
Shareholders:AB "Ignitis grupė" – 51%, UAB "Gren Lietuva" – 49%
Share capital:40 000 000 Eur

Contact information

CEO

Ramūnas Paškauskas

Ramūnas Paškauskas

CEO

Ramūnas Paškauskas is the CEO of Kauno Kogeneracinė Jėgainė. Ramūnas Paškauskas, who has many years of experience in the energy sector...
 


 

More

The Board

Mantas Bartuška

Mantas Bartuška

Independent Board Member and Chair of the Board

Mantas Bartuška is an Independent Board Member and Chair of the Board at Kauno Kogeneracinė Jėgainė. Mantas Bartuška has over 17 years...

More
Mantas Mikalajūnas

Mantas Mikalajūnas

Board Member

Mantas Mikalajūnas has been serving as Kaunas Combined Heat and Power Plant Board Member since 1 April 2022...

More
Vitalijus Žuta

Vitalijus Žuta

Board Member

Vitalijus Žuta is a Member of the Management Board of Kauno Kogeneracinė Jėgainė. Vitalijus Žuta has many years of experience...

More

Our purpose, strategy, priorities and targets​

Integrated business model​

Ignitis Group is a renewables-focused integrated utility, benefiting from the largest customer portfolio, energy storage facility and network in the Baltics. Ignitis Group is active in the Baltic states, Poland and Finland. We are leveraging our largest customer portfolio, energy storage facility, and network in the Baltics. We are utilising our integrated business model to maximise potential and:​

  • deliver 4–5 GW of installed green generation and green flexibility capacity by 2030;​

  • expand a resilient and efficient network that enables electrification;​

  • utilise and further expand our customer portfolio to enable the Green Capacities build-out;​

  • contribute to the security of the energy system.​

UAB “Kauno kogeneracinė jėgainė“, a part of the Green Capacities segment, plays a significant role in the integrated business model and strategy of Ignitis Group. The company's position within the Group’s structure is available here. More information about the integrated business model and strategic priorities of the company as well as targets by its business segments is available here.​

Our purpose and strategy​

Our purpose is to create a 100% green and secure energy ecosystem for current and future generations. ​

We are strengthening our contribution to Europe’s decarbonisation and energy security in the region while accelerating the energy transition and electrification in the Baltics and Poland. More information about the Group’s purpose and purpose-driven priorities is available here. ​

UAB “Kauno kogeneracinė jėgainė“ significantly contributes to the execution of the Group's strategy, is an integral part of the organisation and follows the Group’s strategy and stategic plan in its activities.​

Strategic priorities and targets of the company

  1. Green Capacities segment’s priorities are available here. More information about its goals is provided in the integrated strategic plan of the Group.
  2. People. We are contributing to Ignitis Group’s purpose and strategic priorities by building a diverse team of energy smart people.
  3. Sustainability and ESG. As part of our strategy, we focus on reducing greenhouse gas emissions while following the science-based targets, promoting safety at work with a focus on TRIR and zero fatalities, taking care of the employee experience through initiatives related to well-being, education and growth, ensuring fair pay, promoting diversity and inclusion, encouraging diversity among top executives, and creating sustainable value through sustainable investments and returns.

Our values​

We are a diverse team of energy smart people united by a common purpose. Our values (responsibility, partnership, openness and growth) unite, motivate and inspire us. They are available here.