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Ministry of Energy's Letter of Expectations for EPSO-G

EPSO-G, group of energy transmission and exchange companies, has received a letter of expectations from the Ministry of Energy of the Republic of Lithuania, which owns 100% of the Group's shares. It sets out the expectations in terms of the directions, principles and priorities for the Group's activities that are in line with the objectives of the European Union's Green Deal and Lithuania's National Energy Independence Strategy.The Letter of Expectations provided by the Ministry of Energy...
Vilnius, (informazione.news - comunicati stampa - energia)

EPSO-G, group of energy transmission and exchange companies, has received a letter of expectations from the Ministry of Energy of the Republic of Lithuania, which owns 100% of the Group's shares. It sets out the expectations in terms of the directions, principles and priorities for the Group's activities that are in line with the objectives of the European Union's Green Deal and Lithuania's National Energy Independence Strategy.

The Letter of Expectations provided by the Ministry of Energy consolidates the direction of change sought by the Group and enables a focused development and implementation of a long-term strategy.

The letter sets out short-term and medium-term objectives and guidelines for long-term expectations, which will serve as a basis for the development of a new long-term strategy for the EPSO-G Group, taking into account the results of the study on the transformation of Lithuania's energy system, as well as for planning the Group's activities in the short term.

The EPSO-G Group consists of the parent management company UAB EPSO-G and its five subsidiaries: Litgrid, Amber Grid, Baltpool, Tetas, Energy cells. EPSO-G and Group companies are involved in the management of the associated companies GET Baltic and TSO Holding AS.

Brief description of the main expectations of the Shareholder:

The full text of the Letter of Expectation can be found in the attached document.

Annex: Letter on the expectations set by the state for the EPSO-G.

For more information, contact

Gediminas Petrauskas, EPSO-G communication partner

Tel: +370 610 63306, email: gediminas.petrauskas@epsog.lt

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