What Enefit Lietuva does

Enefit Lietuva (legal entity Enefit UAB, company code 300649187) is a Vilnius-headquartered, wholly-owned subsidiary of Estonian state-owned Eesti Energia Group and one of the largest independent electricity and gas suppliers in Lithuania. Founded in 2007 and licensed since that year to supply electricity (Lt-NET-24) and since 2012 to supply natural gas (L2-20 GDT), the company serves more than 90,000 residential customers and 2,500+ business customers in Lithuania, including 60%+ of business clients on green tariffs. The group supplies electricity to over 500,000 consumers across the Baltic States and sold 7.4 TWh group-wide, of which 2.6 TWh was produced and sold in Lithuania in 2025.

The company operates a vertically integrated energy platform built around 9 Lithuanian wind farms with 424 MW of installed capacity, 797.5 GWh of generation in 2025, and a battery storage portfolio expanding from 29 MW to 75 MW by 2027 (€30.3M investment). Digital infrastructure includes the Enefit Volt mobile app with Autocharge (MAC-address-based plug-and-charge), the self-service Savitarna portal enabling contract signing in approximately one minute, a public EV charging network of 550-600+ points, and AI-driven personalization for offers and risk decisions. Business customers access variable, fixed, and hybrid pricing plans, including 15-minute-interval Nord Pool-linked tariffs introduced in late 2025, while residential customers receive 100% green electricity at no premium.

Revenue mechanics combine recurring per-kWh electricity and gas supply billing, usage-based EV charging fees (€0.30-€0.35/kWh with a 10% cross-product discount for linked customers), transactional resale of renewable energy from third-party producers, and postpaid B2B fleet charging services. The company has pivoted in 2026 to focus on core supply and EV charging, discontinuing new sales of solar installations, battery systems, and flexible energy management while continuing to invest in co-located storage and cross-Baltic charging infrastructure via the Eesti Energia Group's footprint in Estonia, Latvia, Poland, and Finland.

Name

Enefit Lietuva

Legal name

Enefit UAB

Website

https://enefit.lt

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Enefit Lietuva is a Vilnius-based, Eesti Energia-owned independent electricity and gas supplier serving 90,000+ residential and 2,500+ business customers in Lithuania, with vertically integrated wind generation, 550+ EV charging points, and 100% green electricity as its core proposition.

Ownership category

akta.pro rank

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Electricity Supply: Enefit generates revenue primarily by supplying green electricity and natural gas to residential and business customers across Lithuania. The company offers variable price, fixed price, fixed + variable price, and Finnish price plans for businesses, and green electricity plans for residential customers. Revenue is recurring based on consumption volumes billed monthly.
2. Public EV Charging (Enefit Volt): Revenue from the public EV charging network across Lithuania (550-600+ charging points). Customers pay per kWh consumed (€0.30/kWh up to 99 kW; €0.35/kWh from 100 kW). Additional revenue from deferred payment/postpaid services for business fleet operators, with volume-based discounts. Minimum charge per session is €0.50.
3. Gas Supply: Supply of natural gas to business customers under fixed-price or variable-price (TTF ICE index-linked) tariff plans. Revenue is recurring based on gas consumption volumes.
4. Green Energy Purchase from Producers: Enefit purchases electricity from renewable energy producers (wind, solar, hydro, biomass) with installed capacity starting from 20 kW, balancing their energy flows and providing documentation for invoice issuance. Revenue from resale to end customers.
5. Energy Storage Solutions (legacy): Design, sale, and installation of battery energy storage systems for businesses (discontinued for new customers as of March 2026, but existing customer installations continue under warranty and maintenance agreements).
6. Solar Power Plant Services (legacy): Installation of solar power plants for business customers (discontinued for new customers as of 2026, but existing installations continue).

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels9 records

Core offering

Enefit Lietuva is a Lithuanian energy utility company that supplies electricity (predominantly from renewable sources), natural gas, and operates a public EV charging network under the Enefit Volt brand. It serves both business customers (2,500+) and residential households (90,000+), with a self-service portal (Savitarna) and a mobile app enabling charging and account management.

Product overview

Enefit Lietuva is a green energy solutions company offering a comprehensive portfolio of energy products and services. Core offerings include renewable electricity supply (green electricity) and natural gas supply for both residential and business customers. The company operates the Enefit Volt public EV charging network with 600+ charging points across Lithuania, supported by the Volt mobile app. Business electricity solutions include variable, fixed, and hybrid pricing plans tied to Nord Pool market prices. Additional products include electricity insurance, wind farm generation assets (424 MW capacity in Lithuania), solar power plants, energy storage systems, flexible energy management, and green energy procurement from producers. The company also offers EV charging solutions including Autocharge automatic charging and postpaid fleet services. Most recent developments include a €30.3 million investment in battery storage expansion (46 MW/184 MWh across three locations).

Differentiator

Problem solved

Functional benefit

Brands

• Enefit Volt: Enefit's e-mobility brand providing public EV charging network and related services across Lithuania.

Products and services

• Green Electricity Supply (Business) Retail supply of renewable-sourced electricity to Lithuanian business customers, with options to procure from independent producers and align with sustainability targets.
• Green Electricity Supply (Residential) Retail electricity supply for Lithuanian households from renewable sources, offered under variable, fixed and hybrid pricing plans with Savitarna self-service access.
• Natural Gas Supply Retail natural gas distribution and supply to Lithuanian business and residential customers, complementing the electricity offering.
• Enefit Volt Public EV Charging Public EV charging service across a network of stations at retail partner locations and highways, accessed via the Enefit Volt app with Autocharge and tap-to-charge functionality, plus postpaid options for fleets.
• Enefit Volt Mobile Application Mobile application for EV drivers to locate chargers, start and pay for charging sessions, and use Autocharge and tap-to-charge functions.
• Green Energy Procurement from Independent Producers Procurement service that allows business customers to source renewable electricity directly from independent Lithuanian producers as part of their sustainability and supply strategy.
• Postpaid EV Charging for Fleets Corporate billing service enabling fleet operators to consolidate EV charging usage for their vehicles under a postpaid account on the Enefit Volt network.

Quantifiable outcome

• 30% more electricity generated in Lithuania's wind farms in 2025 vs 2023 (reaching 737.4 GWh)
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Eesti Energia GroupcoreStrategic or Co-development PartnerEnefit Lietuva is a wholly owned subsidiary of Eesti Energia, the largest electricity generation and trading group in the Baltic States. The Group operates in Estonia, Latvia, Lithuania, Poland, and Finland, with a total of 87 years of heritage. In 2018, Eesti Energia acquired Nelja Energia (wind energy development), becoming the largest wind electricity producer in the Baltics. The Group operates across the Baltic states, Finland, Poland, Germany, the USA, and Jordan.
• Amber GridminorOthersLithuania's natural gas transmission system operator, responsible for maintaining and operating gas transmission infrastructure. Amber Grid is referenced as a key infrastructure partner for Enefit's gas supply operations in Lithuania.
• ESO (Energijos skirstymo operatorius)minorOthersEnergy distribution operator managing electricity and gas distribution networks in Lithuania, ensuring their safety, reliability, operation, maintenance, and development. ESO is referenced as the grid operator for Enefit's electricity and gas supply customers, as well as the entity through which prosumers store and retrieve excess solar energy.
• LitgridminorOthersLithuanian electricity transmission system operator managing the flow of electricity and ensuring the stable operation of the energy system. Litgrid administers the register of guarantees of origin for renewable electricity, which Enefit uses to certify green energy supply to its customers.

Scale indicators15 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Latvenergo: Latvian state-owned integrated energy group and parent of Elektrum Lietuva. Comparable as a broader Baltic state-owned energy incumbent with generation, retail supply, and EV charging across the region, though primarily Latvian-focused.
• Eesti Energia: Estonian state-owned parent company of Enefit Lietuva and the largest electricity generator in the Baltics. As parent and broader operating entity with wind generation, retail supply, and EV charging across 5 countries, it represents the group's full strategic scope beyond Lithuania.
• Allego: Pan-European public EV charging network operator with extensive fast-charging infrastructure. Comparable as a broader incumbent in EV charging network management, though not focused on Baltic markets.

Direct peers

• Ignitis Group: Lithuanian state-owned integrated energy group, the largest electricity supplier in Lithuania and Enefit's primary domestic competitor. Both operate renewable generation, retail electricity supply, and EV charging across overlapping Lithuanian customer segments.
• Virta: Finnish-headquartered EV charging network operator with operations across Europe. Comparable in EV charging network scale, proprietary software platform (Autocharge-equivalent features), and B2B fleet management services.
• E energija (UAB): Lithuanian independent electricity supplier serving business and residential customers. Direct competitor in the Lithuanian retail electricity market with similar green energy positioning and customer overlap.
• Geton Energy: Estonian-headquartered independent electricity supplier operating across multiple Baltic markets. Competes directly with Enefit on cross-border retail supply, green energy offerings, and business customer pricing models.
• Elektrum Lietuva: Subsidiary of Latvian state-owned Latvenergo operating in the Lithuanian retail electricity market. Competes directly with Enefit on business electricity supply, green energy products, and increasingly EV charging services in Lithuania.
• Elenger: Estonian gas and energy supplier (formerly Eesti Gaas) with cross-border operations in the Baltics and Finland. Direct competitor in gas supply to business customers and increasingly in electricity retail.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@enefitlietuva5608
• Facebookfacebook.com/EnefitLietuva
• LinkedInlinkedin.com/company/enefit-lietuva
• Instagraminstagram.com/enefitlietuva

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enefit Lietuva