Lithuanian company Ignitis Group is planning to consolidate its renewable energy companies ahead of an expected period of rapid growth of green generation in the Baltic states.
Operating under the name Ignitis Renewables, the firm has also announced a new line up of top-level executives, these are Chief Executive Officer, COO Wind and Solar, COO Combined Heat and Power, COO Offshore Wind and Chief Financial Officer.
Both internal and external candidates will be able to participate in the selection in the new consolidated organization with the new executive team leading the firm’s expansion plans, the firm said.
“Ignitis Renewables has a strong team with extensive experience, but the Company is planning a rapid expansion of green generation in the Baltic states and Poland as well as to develop the areas where there are no competences in Lithuania yet, therefore, we want to attract additional professionals with international experience to the executive team.
“With rapid development of green energy across the globe, the market competition to get them is enormous. We believe that challenges and perspectives which are offered by Ignitis Group will help attract leaders with experience in the area of renewable energy”, said Darius Maikštėnas, Chief Executive Officer of Ignitis Group.
The re-organisation is being carried out in partnership with LSP Renewables, a renewable energy talent & recruitment specialist.
Ignitis Group previously announced that it plans develop 4 GW of green generation capacity by 2030, both in Lithuania and abroad.
Recently the company acquired three wind farm projects in early stages of development in Latvia, and the partnership with one of the largest wind energy developers Ocean Winds is being fostered while developing together a wind farm in Scotland.
Ignitis Renewables will manage not only all companies of Ignitis Group operating and developing wind and solar projects, but also Kauno Kogeneracinė Jėgainė and Vilniaus Kogeneracinė Jėgainė covering onshore and offshore wind, solar, waste-to-energy and biomass energy projects. Ignitis Gamyba will remain responsible for the capacities of the hydro energy segment.