Get the right experience for you.
Client type

Estonia - The transition of a country's power mix
All insightsAlastair Neill of Igneo discusses the challenges and the progress made with Priit Koit, CEO of Utilitas Group
Utilitas is Estonia’s leading renewables and district heating operator. The path to net zero no later than 2030 is driving all that the company does and in its objectives a country and a company are a rare thing-closely aligned.
To hear more about this fascinating and transformative company listen to the latest episode of Keeping it Real Assets as Alastair Neill of Igneo discusses the challenges and the progress made with Priit Koit, CEO of Utilitas Group.
Company information
-
Utilitas
Utilitas is the largest district heating operator and renewable energy producer in Estonia providing heat to 8 cities in Estonia, including Tallinn the capital of Estonia. The company operates 556km of district heating network, providing over 2GWh of heat to 174,000 households across the country. Over 65% of heat and electricity produced is generated from renewable fuels and the company is committed to be carbon neutral by 2030.
- Location: Europe
- Sector: District Heating
- Risk Classification: contracted
- Initial Acquisition date: Nov 2018
- Governance: lead
- Website: www.utilitas.ee/en/
Latest insights
-
Acquisition of Hoegh EVI
23 June 2025On 30 April 2025 Igneo formally acquired a 50% stake in the Norway headquartered, Floating Storage Regasification Unit (FRSU) operator Hoegh EVI. In the NEWSFLASH episode of Keeping it Real Assets Alex Nassuphis provides his thoughts on the role FSRUs and market leader Hoegh Evi are expected to play in the provision of long-term energy supplies.
-
Acquisition of B+T group
04 June 2025In the NEWSFLASH episode of Keeping it Real Assets Nils Plaine provides an overview of the company and its positioning across waste sorting and treatment and energy-from-waste as well as our outlook for the sector and the company.
-
Igneo Infrastructure Partners Acquires Infinity Aviation, Launching Fixed-Base Operator Platform
03 June 2025Igneo has today announced it has acquired Infinity Aviation Group, a fixed based operator (FBO) platform, in Nashua, New Hampshire.