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A part of Ignitis Group, Ignitis Gamyba is a strategic power generation company. It owns and develops strategic electricity generation capacities in Lithuania: Kruonis Pump Storage Hydroelectric Power Plant, Combined Cycle Unit and Reserve Power Plant in Elektrėnai Complex, Kaunas Hydro Power Plant and Vilnius Power Plant-3. The company helps to ensure reliability and security of the energy systems in the whole Baltic and Nordic region as well as contributes to a historical change – synchronization of the Baltic States with the Continental European grids in 2025.
To pursue its long-term vision and ensure continuity and sustainability of operations, Ignitis Gamyba is actively contributing to the implementation of the ambitious Group’s strategy 2020, putting an increasing focus on driving innovations and developing the green generation capacities. The company is already implementing a couple of pilot projects: energy storage system to be installed at Kaunas HPP and floating solar power plant at Kruonis PSHP.
In order to perform its functions properly and effectively, Ignitis Gamyba puts a lot of emphasis on innovative, market-driven technological and scientific solutions, increasing operational efficiency, and professional development of its employees.
Mission
The mission of Ignitis Gamyba is to be a reliable and highly advanced energy-production company providing the services necessary for the security and stability of the energy system.
Vision
The vision of Ignitis Gamyba is to become a competitive international centre of competence for energy production and related services.
Goals
The strategic objectives of Ignitis Gamyba are to increase the company’s value, ensure the provision of high-quality services to the clients, improve the operating efficiency, involve and enable its employees, diversify and expand its business.
The company seeks these goals in line with the fundamental values: responsibility, cooperation, and result.
Integrated business model
Ignitis Group is a leading integrated energy group in the Baltic region. We lead the regional energy transition to strengthen competitiveness and support economic growth.
Ignitis Group is active in the Baltic states, Poland and Finland. Our integrated business model enables synergies and new business models, supported by our strong position in the Baltics - benefiting from the largest network, energy storage capacity, and customer portfolio in the Baltics.
We are utilising our integrated business model to maximise value:
‒Developing and operating green generation and flexibility assets in line with market demand and system needs and progressing toward our 4–5 GW strategic goal
‒Building a resilient and efficient network that enables electrification
‒Contributing to the security of the energy system
‒Delivering value‑driven growth through outstanding customer experience
AB Ignitis gamyba, a part of the Green Capacities and Reserve Capacities segments, 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% secure and green energy ecosystem for current and future generations. We lead the regional energy transition to strengthen competitiveness and support economic growth. By securing local, reliable energy, we strengthen regional competitiveness and economic growth, support household well‑being, enhance business competitiveness, and attract energy‑intensive industries. More information about the Group’s purpose and purpose-driven priorities is available here.
AB Ignitis gamyba 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, Reserve Capacities segment’s priorities are available here. More information is provided in the integrated strategic plan of the Group.
2.People and innovation. We are purpose-driven people who contribute to our strategic priorities. We innovate to create the future energy sector and bring new opportunities for our customers.
3.Sustainability. Decarbonisation that drives business value and ensures energy security: reducing carbon intensity under 2026–2029 targets while safeguarding reliable operation of the power system and balancing needs. We are strengthening regional competitiveness in the long term by reducing the carbon intensity of the grid. Our strategic priorities: decarbonisation, safety, employee experience, diversity, customer experience and sustainable value creation.
Our mindsets
We are a diverse team of energy smart people united by a common purpose. Four mindsets – simple yet powerful. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. Together, they yield the energy that drives everything we do. The energy generated by our choices. Our actions. Our unity