UAB "Renerga"

UAB "Renerga" is a Lithuanian renewable energy company known for developing, owning, and operating renewable energy assets, particularly small hydropower and wind energy projects. The company is widely referenced as part of the Lithuanian energy sector’s early transition toward renewable power and has been associated in public sources with the broader industrial group "Koncernas Achemos grupė" (Achema Group). Specific legally verified details (e.g., exact founding date, full list of assets, and certain contact data) are not uniformly disclosed in open public datasets and may require confirmation via official registries.

Company Overview

Legal Name: UAB "Renerga"
Country: Lithuania
Industry Sector: Renewable Energy (Wind, Small Hydropower, Solar development/operation)
Founding Date: Not publicly confirmed in open sources (commonly described as established in the late 1990s or early 2000s; verification recommended).
Headquarters: Not publicly confirmed in open sources; commonly associated with locations in Lithuania linked to renewable projects and with Achema Group (verification recommended).

Legal Information

Įmonės kodas (Company Code): Not publicly confirmed in open sources; obtain via Registrų centras (State Enterprise Centre of Registers) or Rekvizitai.lt.
PVM kodas (VAT Code): Not publicly confirmed in open sources; obtain via Registrų centras or Rekvizitai.lt.
Official Website: renerga.lt (commonly cited; please verify current site availability).
Email Address: Not publicly confirmed; typical format may be info@renerga.lt if published on the official website (verification recommended).
Registered Office Address: Not publicly confirmed; consult Registrų centras or the official website for the latest registered address.
Phone Number: Not publicly confirmed; consult official website or company registries.

Business Operations

Main Products/Services:
- Development, construction, and operation of renewable energy assets (primarily wind parks and small hydropower plants).
- Renewable electricity generation and grid dispatch.
- Project development services including permitting, grid connection planning, and long-term asset management.
- Potential participation in national renewable auctions and corporate PPAs (subject to project specifics and regulatory outcomes).

Business Model:
- Asset-based model focused on generating electricity from owned/operated renewable plants and selling into the market (e.g., Nord Pool) or under PPAs.
- Project development and investment, occasionally in joint ventures or partnerships, depending on market conditions and regulatory frameworks.

Market Position:
- Considered one of the earlier renewable developers/operators in Lithuania, particularly noted in public commentary for small hydropower and early wind initiatives.
- Portfolio scale, specific market share, and exact operating capacities are not uniformly disclosed in open sources and should be verified via regulatory filings or industry databases.

History

Founding Story & Early Development:
- Public sources often reference UAB "Renerga" among Lithuania’s first movers into modern renewable energy, with initial investments in small hydropower generation and exploratory wind projects.
- The company has been associated with the broader industrial and energy ecosystem in Lithuania and has reportedly leveraged local expertise and group-level capabilities to advance projects.

Key Milestones:
- Early deployment of small hydropower assets in Lithuania (exact sites, capacities, and commissioning dates should be confirmed through official disclosures).
- Participation in wind energy development as Lithuania expanded grid integration and regulatory support for renewables.
- Involvement in national renewable tenders and changing market mechanisms (e.g., feed-in/tender schemes to auction-based support), depending on the period.

Major Developments:
- Transition from small-scale pilot initiatives to more systematized asset development, in line with Lithuania’s growing renewable targets.
- Ongoing adaptation to evolving EU and Lithuanian energy policy, sustainability reporting norms, and corporate governance expectations for energy companies.

Financial Information

Revenue: Not publicly available in open sources reviewed; detailed revenue information may be accessible via paid databases (Creditinfo, Rekvizitai.lt Premium) or the company’s filings (if disclosed).
Funding Rounds: Not publicly documented in open sources; renewable asset financing typically includes project finance, bank loans, and group-level investment structures (verification recommended).
Ownership Structure: Frequently referenced publicly as belonging to/associated with Koncernas Achemos grupė (Achema Group); please confirm through official registries and the group’s disclosures for current structure and beneficial ownership.

Leadership and Management

Key Executives (Vadovai):
- Specific names and titles are not uniformly disclosed in open sources; verify via the company’s official website, Rekvizitai.lt, or Registrų centras.
- Common executive roles include General Manager/CEO (Generalinis direktorius), Operations/Technical Director, Finance Director, and Project Development leads.

Board Members:
- Not publicly confirmed in open sources; board composition may be available through official corporate filings or disclosures from group-level governance documents.

Office Locations

Registered Office: Not publicly confirmed; consult Registrų centras for the definitive registered address.
Additional Offices / Project Sites:
- Wind park and small hydropower locations are referenced in public commentary, but exact site addresses and local contact numbers are not uniformly available; confirm via the official website and regulatory project documentation.
Office Phone Numbers: Not publicly confirmed; consult official channels.

Market Position

Competitors:
- Ignitis Renewables (state-linked energy group’s renewable arm).
- Green Genius (Modus Group) – solar and bioenergy developer with regional footprint.
- E energija – independent energy developer/operator.
- European Energy Lithuania and other international developers active in wind/solar auctions.
- Various local IPPs and project SPVs participating in Lithuania’s renewable market.

Market Share: Not publicly quantified; Lithuania’s market evolves via auctions, merchant exposure, and PPAs, making share estimates project-specific.
Competitive Advantages:
- Early experience in small hydropower and wind development in Lithuania.
- Potential backing and synergies from an established industrial group (subject to current ownership structure).
- Local permitting, grid connection, and operations know-how.
- Long-term asset management capabilities.

Recent Developments

Latest News:
- Public reporting highlights continuing activity in Lithuania’s renewable sector, including participation in auctions and corporate PPA discussions by various market players; however, specific recent Renerga announcements were not identified in the open sources reviewed and should be verified on the official website and trusted business media.
Expansions: Not publicly confirmed; project pipeline updates are typically disclosed via official announcements.
Partnerships: Not publicly confirmed; renewable energy projects may involve EPC, turbine suppliers, and financial institutions in project finance structures.

Contact Information

Company: UAB "Renerga"
Website: renerga.lt (verification recommended)
Email: Not publicly confirmed (likely published on the website when available).
Registered Address: Not publicly confirmed; verify via Registrų centras.
Phone: Not publicly confirmed; verify via official channels.

Sources and References

Note: The company is a private entity; certain data points (codes, contact, leadership, financials) may only be available via paid databases or official registries. The following sources are commonly used to verify Lithuanian company information:

- Renerga official website: renerga.lt (for corporate overview, contact, and project information).
- Koncernas Achemos grupė (Achema Group) official materials (for ownership references).
- State Enterprise Centre of Registers (Registrų centras) – official corporate registry (for įmonės kodas, PVM kodas, registered address, and officers).
- Rekvizitai.lt – Lithuanian business directory (for basic company profile and financial snapshots; some data behind premium access).
- Verslo žinios and Delfi/15min/Lrytas business sections – Lithuanian business media (for market activity and news).
- Nord Pool and Litgrid publications – context on market operations and grid integration (sector-level information).

Data availability disclaimer: Where specific fields are marked “Not publicly confirmed,” they were not found in the open sources available at the time of preparation and should be verified through the official registry or the company’s current disclosures.