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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
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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: Energy
- Risk Classification: contracted
- Initial Acquisition date: Nov 2018
- Governance: lead
- Website: www.utilitas.ee/en/
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