UAB "EPSO-G" – Company Profile

Note: This profile is compiled from publicly available sources as of the latest accessible information. Where precise legal or contact details were not verifiable in open sources without registry access, this is clearly noted.

Company Overview

Legal name: UAB "EPSO-G"
Brand style: EPSO-G
Founded: 2012 (established by the Government of the Republic of Lithuania as a state-owned energy holding)
Headquarters: Vilnius, Lithuania (exact registered office address is noted below if publicly available)
Industry sector: Energy infrastructure holding (electricity and gas transmission, energy market infrastructure, system services)
Group companies (key subsidiaries): Litgrid AB (electricity transmission system operator, TSO), Amber Grid AB (natural gas transmission system operator, TSO), Baltpool UAB (energy and biomass exchange operator), Energy Cells UAB (grid-scale battery storage operator), Tetas UAB (engineering and grid construction/maintenance).
Ownership: 100% owned by the Lithuanian state, represented by the Ministry of Energy of the Republic of Lithuania.

Legal Information

Įmonės kodas (company registration code): 302826889 (as reported in public listings; verify in the Lithuanian Centre of Registers for official confirmation)
PVM kodas (VAT code): Not publicly listed in open sources reviewed; please verify via VIES (EU VAT Information Exchange System) or the Lithuanian Centre of Registers.
Official website: https://www.epso-g.lt/
Official email: Not clearly specified on open, static pages; EPSO-G provides contact via its website’s contact section/forms. If an email is required, consult the “Kontaktai” page on the official site.
Registered office address: The precise, current legal address is recorded in the Lithuanian Centre of Registers (Juridinių asmenų registras). It is not consistently published on EPSO-G’s public pages; consult the official registry for the definitive entry.
Phone number: A single group-level phone number is not consistently published on open pages; contact is generally directed through the website’s contact section or via subsidiary contact lines noted below.

Business Operations

Core activities:
- Strategic holding and corporate governance of Lithuania’s electricity and natural gas transmission system operators (Litgrid AB and Amber Grid AB).
- Market infrastructure operations via Baltpool UAB (biomass/energy exchange, including centralized auction mechanisms).
- System adequacy and ancillary services through Energy Cells UAB (deployment and operation of grid-scale battery energy storage systems).
- Engineering, construction, and maintenance services via Tetas UAB, supporting transmission projects and grid modernization.
Business model: EPSO-G functions as a state-owned holding company providing strategy, governance, risk oversight, compliance, and shared services to group entities. Revenues are predominantly generated at the subsidiary level through regulated tariffs (TSOs), market operation fees (exchange services), and engineering/service contracts, with consolidation at the group level for reporting purposes.
Market position: Through its subsidiaries, EPSO-G holds natural-monopoly positions in Lithuania’s electricity and gas transmission segments (regulated by national authorities). Its exchange and engineering businesses operate in competitive or quasi-competitive environments alongside private-sector participants.

History

Founding: EPSO-G was formed in 2012 to consolidate and professionalize the governance of Lithuania’s strategic transmission assets and related energy market infrastructure under a single state-owned holding.
Key milestones:
- 2015: Successful commissioning of major cross-border interconnections supported by group companies, including the NordBalt (Lithuania–Sweden HVDC) and LitPol Link (Lithuania–Poland AC) projects, materially strengthening Lithuania’s energy security and market integration.
- 2013–2016: Development and expansion of Baltpool’s exchange services, enabling centralized biomass and energy trading mechanisms to support transparency and liquidity.
- 2018–2025: Regional synchronization program with Continental Europe, coordinated primarily by Litgrid, aiming to disconnect the Baltic states from the BRELL ring and integrate into the European synchronous area. EPSO-G coordinates governance and cross-entity delivery of critical reinforcements and system services.
- 2020–2024: Establishment and rollout of Energy Cells UAB and the national grid-scale battery energy storage system program (four sites across Lithuania totalling ~200 MW/200 MWh), designed to provide fast frequency response and bolster system reliability ahead of synchronization.
- Ongoing: Grid modernization, digitalization, and resilience upgrades driven by EU policy, national regulatory frameworks, and security-of-supply objectives.

Financial Information

Revenue: EPSO-G publishes consolidated financial statements. Group revenues are derived mainly from regulated transmission activities (Litgrid, Amber Grid), market operation fees (Baltpool), and engineering/services (Tetas), as well as system services (Energy Cells). Exact annual revenue figures vary significantly year-to-year with regulatory parameters and system service costs; please refer to EPSO-G’s latest Consolidated Annual Report for precise data.
Funding and capital: As a state-owned holding, EPSO-G does not follow venture-style funding rounds. Capital expenditures are financed via regulated returns, EU/Cohesion funding programs, and debt instruments (including loans and, where applicable, financing facilities used by subsidiaries; e.g., EIB or other institutional lenders).
Ownership structure: 100% owned by the Lithuanian state (Ministry of Energy of the Republic of Lithuania), with governance conducted under state-owner policy and national corporate governance standards for SOEs.

Leadership and Management

Governance model: EPSO-G operates with a supervisory board (valdyba) and management board/executive team (vadovai) in line with Lithuanian SOE corporate governance guidelines.
Key executives (vadovai): The names and current positions of EPSO-G’s CEO and executive team can change and are published on the company’s official website in the “Valdymas” or “Apie mus” sections. As of the latest public information available to this profile, specific names were not consistently listed on open pages; please consult the official site for up-to-date executive details.
Board members: Current board composition (valdyba) is disclosed on EPSO-G’s corporate governance pages and annual reports. For the latest roster (including chairperson and independent members), refer to EPSO-G’s governance section.

Office Locations

Group headquarters: Vilnius, Lithuania (exact legal registered office address is maintained in the Juridinių asmenų registras and may not be consistently shown on public pages).
Subsidiary offices: Subsidiaries maintain separate offices and contact lines. For precise addresses and phone numbers:
- Litgrid AB (electricity TSO): See https://www.litgrid.eu for latest HQ address and phone.
- Amber Grid AB (gas TSO): See https://www.ambergrid.lt for latest HQ address and phone.
- Baltpool UAB (exchange operator): See https://www.baltpool.eu for office contacts.
- Energy Cells UAB (BESS operator): See https://www.energycells.lt (if not redirected via EPSO-G) for contacts.
- Tetas UAB (engineering): See https://www.tetas.lt for addresses and phone numbers.
Note: EPSO-G’s public materials tend to route inquiries via the website and subsidiary contact pages rather than listing a single group phone number on open pages.

Market Position

Competitors:
- Transmission (TSO): Litgrid AB and Amber Grid AB operate as regulated natural monopolies in Lithuania; competition is not applicable in core TSO services.
- Engineering and construction: Tetas UAB competes with domestic and international engineering firms for grid projects (e.g., contractors specializing in HV/MV substations, lines, protection and control systems).
- Energy/biomass exchange: Baltpool competes indirectly with bilateral contracting; within centralized auction markets, it provides a standardized, transparent platform that mitigates fragmentation.
Competitive advantages: State-backed strategic mandate, regulatory stability, access to EU and institutional funding, integration with European energy systems, strong project delivery record (interconnections, system services), and consolidated governance improving coordination across electricity and gas transmission.

Recent Developments

Grid-scale BESS rollout: Energy Cells completed multi-site battery installations (~200 MW/200 MWh) to provide fast frequency response and enhance system adequacy before Baltic synchronization.
Synchronization with Continental Europe: Group companies (primarily Litgrid) continued the multi-year synchronization program with planned final steps and tests, reinforcing internal infrastructure and cross-border capacity.
Project portfolio: Ongoing modernization of substations, transmission lines, control and protection systems, and development of interconnections (including Harmony Link planning processes) under evolving EU policy and national security-of-supply priorities.
Corporate governance updates: EPSO-G periodically refreshes board composition and executive leadership in line with SOE governance best practices; see official releases for the latest appointments.

Contact Information

Website: https://www.epso-g.lt/
General contact: Use the “Kontaktai” or “Contact” section on the official website to submit inquiries; EPSO-G typically directs queries through web forms or subsidiary contact points.
Email: Not consistently listed on open general pages; consult the website’s contact section for current mailboxes.
Registered office address and phone: Maintained in the Juridinių asmenų registras (Lithuanian Centre of Registers). For certified, up-to-date details, request an extract from the register.

Sources and References

- EPSO-G official website and corporate materials: https://www.epso-g.lt/
- EPSO-G Annual and Sustainability Reports (Consolidated), accessible via the “Ataskaitos” or “Reports” sections on https://www.epso-g.lt/
- Litgrid AB (electricity TSO) official site: https://www.litgrid.eu
- Amber Grid AB (gas TSO) official site: https://www.ambergrid.lt
- Baltpool UAB (exchange operator): https://www.baltpool.eu
- Energy Cells UAB (BESS operator): https://www.energycells.lt (or via EPSO-G site)
- Tetas UAB (engineering): https://www.tetas.lt
- Lithuanian Centre of Registers (Juridinių asmenų registras) for legal status, codes, registered office details: https://www.registrucentras.lt/
- VIES (EU VAT Information Exchange System) for VAT status verification: https://ec.europa.eu/taxation_customs/vies/
- Ministry of Energy of the Republic of Lithuania (state ownership and policy context): https://energymin.lrv.lt/

Data Availability Note

Specific legal identifiers such as PVM kodas (VAT code), precise registered office address, and direct phone numbers may require verification through the Lithuanian Centre of Registers or official EPSO-G contact channels. Leadership names and board composition can change; consult EPSO-G’s official governance pages for the latest roster.