- Full Time Employees
- 396
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Kaunas Lithuania
- IPO Date
- Dec 28, 1998
- Business
- AB Kauno Energija is a Lithuania-based utility company primarily engaged in the generation, transmission, and distribution of thermal energy, as well as the production and sale of electricity. The company operates as the second-largest district heating supplier in Lithuania, providing municipal and industrial energy infrastructure solutions to residential customers, commercial enterprises, and public institutions across the city of Kaunas, the Kaunas district municipality, and the Jurbarkas district municipality.
The company offers an integrated portfolio of utility products, environmental services, and engineering solutions, comprising: centralized district heating and domestic hot water generation and supply; district cooling services; electricity generation derived from combined heat and power (CHP) installations, Organic Rankine Cycle (ORC) power generation systems, and commercial-scale photovoltaic solar parks; design, installation, automated balancing, and routine maintenance of building heat substations and automated control units; comprehensive small-scale building renovation, insulation, and energy efficiency modernization services; energy consumption auditing and building thermal performance assessment; Internet of Things (IoT) wireless network connectivity and telemetry services based on LoRaWAN technology for automated utility metering; and metrological inspection, calibration, and laboratory testing services for heat meters, flow sensors, and pressure gauges.
In recent developments, AB Kauno Energija has focused on substantial infrastructure modernization, decarbonization initiatives, and digital transformation. The company secured a 35 million euro long-term financing facility dedicated to modernizing district heating networks, expanding thermal energy storage capacity, and deploying renewable energy technologies to support national climate neutrality goals. Operational milestones include the installation of modern 25 MW water-heating boilers and an Organic Rankine Cycle electricity generation unit at the Petrašiūnai power plant, the integration of new solar photovoltaic capacities to power heat production processes, the automated reconstruction of trunk heat supply pipelines to minimize distribution losses, and the ongoing rollout of smart telemetry devices. In addition, the group established the public institution Transformacijos and continues to develop the operations of its wholly owned subsidiary, UAB GO Energy LT, in managing renewable energy projects, property development, and metrology services.
Headquartered in Kaunas, Lithuania, AB Kauno Energija traces its roots to the commissioning of the Petrašiūnai Power Plant in 1930, was reorganized as Kaunas Heat Networks in 1963, and was incorporated in its current joint-stock corporate structure in 1997. The company's shares are publicly listed on the Secondary List of the Nasdaq Vilnius Stock Exchange under the ticker symbol KNR1L, with the Kaunas City Municipality serving as the majority controlling shareholder.