Kauno Energija
Kauno Energija is a regulated Lithuanian district heating and cooling utility supplying heat, hot water, and cooling to about 400,000 residents and businesses in Kaunas, Kaunas district, and Jurbarkas, with roughly 90% of heat produced from renewable biomass.
- Company typePrivate
- Founded1963
- HeadquartersKaunas, Lithuania
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Kauno Energija does
Kauno Energija (legal name AB Kauno energija) is a regulated municipal district heating and cooling utility headquartered in Kaunas, Lithuania. Founded in 1997 and listed on the Nasdaq Vilnius exchange under the ticker KNR1L, the company supplies heat, hot water, and cooling to approximately 400,000 residents and businesses across Kaunas, Kaunas district, and Jurbarkas. Operations are anchored by 12 biomass-fired heating plants constructed between 2012 and 2021 and a pipeline network of roughly 450 km, with approximately 80% of main pipelines already modernized; about 90% of supplied heat is generated from renewable biomass sources, and the company is now adding heat storage and solar capacity under a EUR 35 million European Investment Bank loan signed September 12, 2024.
The core product set spans district heat supply, hot water supply, district cooling for business customers, heat substation installation and maintenance, individual apartment heating solutions, and the Mažoji renovacija minor renovation program that leverages state subsidies of up to 70–100%. Ancillary offerings include a LoRa-based IoT network for smart monitoring and an in-house research laboratory serving business customers. Revenue is generated primarily through usage-based regulated heat and hot water tariffs; heat prices fell from 8.49 ct/kWh in 2012 to 3.63 ct/kWh in 2021 as biomass displacement and own-production efficiency improved unit economics.
FY2025 sales revenue reached EUR 98,837 thousand (up from EUR 84,121 thousand in 2024), with Group EBITDA of EUR 28,279 thousand (up from EUR 17,050 thousand) and net profit of EUR 17,473 thousand, more than double the EUR 7,592 thousand reported for 2024. Headcount is reported in the 101–250 band, serving the utility through a regulated, monopoly-style go-to-market with no named anchor customers and a long-tail of residential and commercial connections.
Kauno Energija firmographics
Firmographics- Name
- Kauno Energija
- Legal name
- AB Kauno energija
- Website
- https://kaunoenergija.lt
- Company type
- Private
- Founded year
- 1963
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Kauno Energija is a regulated Lithuanian district heating and cooling utility supplying heat, hot water, and cooling to about 400,000 residents and businesses in Kaunas, Kaunas district, and Jurbarkas, with roughly 90% of heat produced from renewable biomass.
- Ownership category
- akta.pro rank
Kauno Energija industry classification
Industry- Product category
- District Heating Services
- NAICS
- Steam and Air-Conditioning Supply (221330), Steam and Air-Conditioning Supply (22133)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Chillers, Boilers & Central Plant Operations (BPABACAG)
- akta.pro secondary industry
- Auxiliary Systems EPC (Station Service, HVAC, Fire Protection, Security) (EUAEADAK)
Keywords
Where Kauno Energija is headquartered
LocationHeadquarters
- HQ city
- Kaunas
- HQ country
- Lithuania
- HQ region
- Europe
Offices1 record
Markets served
Kauno Energija business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D, Others
Revenue model
- District Heating Sales: Revenue from supplying heat to residential and business customers in Kaunas, Kaunas district, and Jurbarkas under a regulated utility framework. Heat prices have declined from 8.49 ct/kWh in 2012 to 3.63 ct/kWh in 2021, driven by lower fuel costs and improved efficiency in own heat production facilities.
- Hot Water Supply: Hot water supply services to residential and commercial customers, using thermification water from the district heating network.
- Cooling Supply (Vėsumos tiekimas): Cooling supply services for business customers in Kaunas.
- Heat Substation Services: Installation, modernization, and maintenance of heat substations for both old and new buildings, as well as individual heating solutions for apartments.
- Small-Scale Building Renovation: Small-scale renovation programs for residential buildings to improve energy efficiency, with potential state subsidies of up to 100% for low-income households.
- Research Laboratory Services: Testing and laboratory services for business customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Residential heat supply pricing (ct/kWh) |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Kauno Energija product offering
Product offeringCore offering
AB Kauno Energija is a regulated municipal district heating utility that produces, distributes, and supplies central heating (šilumos tiekimas) and hot water (karšto vandens tiekimas) to approximately 400,000 residential and business customers in Kaunas, Kaunas district, and Jurbarkas, Lithuania, with around 90% of heat generated from renewable biomass sources. The company also provides district cooling (vėsumos tiekimas) for commercial customers, heat substation modernization, installation, and maintenance services, individual apartment heating solutions, a subsidized small-scale building renovation program, a LoRa-based IoT network, and research laboratory and energy assessment services.
Product overview
Kauno Energija is a district heating utility company providing centralized heating, hot water, and cooling services to approximately 400,000 residents and businesses in Kaunas, Lithuania. The company's core offering is district heating (šilumos tiekimas) and hot water supply (karšto vandens tiekimas), with approximately 90% of heat produced from renewable energy sources (biomass/biofuel). The company operates a diversified portfolio including district cooling services (vėsumos tiekimas) for business customers, heat point modernization and maintenance services for both residential and commercial buildings, individual heating solutions, and building renovation programs. Additional offerings include a LoRa-based IoT network for smart monitoring, research laboratory services, and energy assessment solutions. The company is currently undergoing major infrastructure modernization with a €35 million EIB loan to upgrade pipelines, add heat storage, and incorporate additional renewable energy sources including solar power.
Differentiator
Problem solved
Functional benefit
Products and services
- District Heating Supply (Šilumos tiekimas)
Quantifiable outcome
- 90% of heat supplied is produced from renewable energy sources (biomass/biofuel)
- +4 more outcomes
Companies that use Kauno Energija
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Kauno Energija technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Kauno Energija partnerships and signals
Strategic signalScale indicators15 records
Recent moves6 records
Expansion highlights4 records
Kauno Energija competitors and assessment
Company assessmentDirect peers
- Vilniaus Šilumos Tinklai: AB Vilniaus Šilumos Tinklai is the largest district heating utility in Lithuania, serving the capital Vilnius. Operates the same regulated municipal district heating and hot water supply business model as Kauno Energija, making it the most directly comparable peer in the same country and regulatory regime.
- Klaipėdos Šilumos Tinklai: Klaipėdos Šilumos Tinklai operates the district heating network in Klaipėda, Lithuania's port city. It is a direct Lithuanian municipal district heating peer with a comparable operating model, customer base type, and regulatory framework.
- Šiaulių Šilumos Tinklai: Šiaulių Šilumos Tinklai provides district heating services in Šiauliai, Lithuania. Direct peer in the Lithuanian municipal district heating sector with overlapping product mix and regulated utility economics.
- Panevėžio Šilumos Tinklai: Panevėžio Šilumos Tinklai operates the district heating utility in Panevėžys, Lithuania. A direct Lithuanian district heating peer with similar biomass conversion, regulated pricing, and municipal ownership dynamics.
- Gren: Gren (formerly E.ON's district heating business in the Baltics and Nordics) operates district heating networks in Lithuania and the broader Baltic region. Direct peer in Lithuanian/Baltic district heating with similar biomass conversion and modernized network economics.
Broad incumbents
- Fortum: Fortum is a major Nordic utility with significant district heating operations across Finland, Poland, and the Baltics, including biomass-based heat production. It is a broad incumbent peer with overlapping technology (biomass CHP, district heating) and European decarbonization strategy.
- Veolia Environnement: Veolia operates district heating networks across Central and Eastern Europe (including Lithuania-adjacent markets) and is a broad incumbent in the energy services space. Comparable in the delivery of municipal-scale heating/cooling and related energy services to B2B and B2G customers.
- ENGIE: ENGIE is a global energy utility with significant district heating, cooling, and energy services operations across Europe. A broad incumbent peer in district thermal networks and municipal energy services with comparable decarbonization and biomass/heat pump strategies.
Regional players
- Enefit: Enefit (Eesti Energia) is the Estonian state-owned energy group with district heating activities in the Baltic region. It is a regional peer operating in a similar Baltic market context with comparable biomass/renewable heat generation and regulated utility dynamics.
Others
- Danfoss: Danfoss is a major supplier of district heating substation equipment, controls, and smart heating components used in district energy networks. It is a key technology vendor for the kind of heat substation modernization and IoT (LoRa) integration that Kauno Energija is deploying across its network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Kauno Energija social profiles
Digital presenceKauno Energija financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kauno Energija leadership team
Management profileNumber of profiles
Profiles4 records
Kauno Energija funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kauno Energija M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kauno Energija
What does Kauno Energija do?
AB Kauno Energija is a regulated municipal district heating utility that produces, distributes, and supplies central heating (šilumos tiekimas) and hot water (karšto vandens tiekimas) to approximately 400,000 residential and business customers in Kaunas, Kaunas district, and Jurbarkas, Lithuania, with around 90% of heat generated from renewable biomass sources. The company also provides district cooling (vėsumos tiekimas) for commercial customers, heat substation modernization, installation, and maintenance services, individual apartment heating solutions, a subsidized small-scale building renovation program, a LoRa-based IoT network, and research laboratory and energy assessment services.
Is Kauno Energija a public or private company?
Kauno Energija is a private company. It is classified as public and is currently operating.
When was Kauno Energija founded?
Kauno Energija was founded in 1963. It employs 101 to 250 people.
Where is Kauno Energija based?
Kauno Energija is headquartered in Kaunas, Lithuania, in the Europe region.
How does Kauno Energija make money?
Six revenue lines are on record. District Heating Sales are the primary driver. The others are hot Water Supply, cooling Supply (Vėsumos tiekimas), heat Substation Services, small-Scale Building Renovation and research Laboratory Services.
Who are Kauno Energija's main competitors?
Direct peers on record are Vilniaus Šilumos Tinklai, Klaipėdos Šilumos Tinklai, Šiaulių Šilumos Tinklai, Panevėžio Šilumos Tinklai and Gren. Broad incumbents are Fortum, Veolia Environnement and ENGIE. Enefit is listed as a regional player. Danfoss is listed as an others.
Does Kauno Energija have an API?
No public API is recorded for Kauno Energija.
What industry is Kauno Energija in?
Kauno Energija's product category is District Heating Services. Its primary akta.pro industry code is BPABACAG, Chillers, Boilers & Central Plant Operations, with a secondary code of EUAEADAK, Auxiliary Systems EPC (Station Service, HVAC, Fire Protection, Security). Its NAICS code is 221330 and its SIC code is 4991.