Company details
| Company code: | 304988904 |
| VAT identification number: | LT100012186012 |
| Head office: | Laisvės pr. 10, LT-04215 Vilnius, Lithuania |
| Correspondence address: | Laisvės pr. 10, LT-04215 Vilnius, Lithuania |
| Establishment date and register: | 14 January 2019, Lithuanian Register of Legal Entities |
| Bank account: | LT747300010157401012 |
| Bank: | Swedbank, AB |
| Shareholders: | AB „Ignitis grupė“ – 100% |
| Share capital: | EUR 41,021,910 |
Contact information
| Phone number: | +370 612 46715 |
| E-mail: | [email protected] |
| Web: | https://ignitisrenewables.com/lt/ |
Company governance
Ignitis Renewables is an international green energy company operating in the Baltics and Poland. It focuses on developing green generation and green flexibility technologies. By developing onshore and offshore wind, solar, battery and power-to-X technologies, the company is implementing Ignitis Group’s strategic priority to deliver 4–5 GW of installed green capacities by 2030.
You find more information about Ignitis Renewables on the company’s website 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.
Ignitis Group Code of Ethics is based on the values of our organisation and defines the principles of ethical conduct for the Group's companies and employees. Our Code of Ethics can be found here.
How Ignitis Renewables handles personal data can be found here.
| Performance, EURm | Consolidated2 | Standalone |
|---|---|---|
| Revenue | 47.9 | 3.2 |
| Expenses | (26.7) | (13.8) |
| Adjusted EBITDA | 22.0 | (10.6) |
| Net profit | 7.5 | (9.6) |
| Investments | 513.9 | 123.3 |
| Assets | 1,195.9 | 982.9 |
| Equity | 231.3 | 208.2 |
| Liabilities | 964.6 | 774.7 |
| Number of employees | 143 | 102 |
Company details
| Company code: | 304988904 |
| VAT identification number: | LT100012186012 |
| Head office: | Laisvės pr. 10, LT-04215 Vilnius, Lithuania |
| Correspondence address: | Laisvės pr. 10, LT-04215 Vilnius, Lithuania |
| Establishment date and register: | 14 January 2019, Lithuanian Register of Legal Entities |
| Bank account: | LT747300010157401012 |
| Bank: | Swedbank, AB |
| Shareholders: | AB „Ignitis grupė“ – 100% |
| Share capital: | EUR 41,021,910 |
Contact information
| Phone number: | +370 612 46715 |
| E-mail: | [email protected] |
| Web: | https://ignitisrenewables.com/lt/ |
Company governance
Management Board
Thierry Aelens
CEO
Since 7 March 2022, Thierry Aelens has been Chief Executive Officer at Ignitis Renewables.
Thierry Aelens has been working in the energy sector for more than 20 years including more than 15 years in renewables...
Valdyba
Jonas Rimavičius
Chair of the Board, shareholder representative
Jonas Rimavičius is a Member of the Management Board of UAB “Ignitis renewables” and the Head of Group Finance and Investment at AB “Ignitis grupė”...
Vidmantas Salietis
Board Member, shareholder representative
Vidmantas Salietis is a member of the Management Board and Chief Commercial Officer at Ignitis Group.
Mr. Salietis, who has 7 years of executive experience, joined Ignitis Group in 2011. Since 1 February he holds the position of Chief Commercial Officer...
