Core Points - The company AB KN Energies has signed a Grant Agreement with the European Commission for a CO2 terminal in Klaipėda, part of the CCS Baltic Consortium's carbon capture, transport, and storage initiative [1][3] - The European Commission will contribute over EUR 3 million for technical and commercial studies, co-financing 50% of the costs, with a Final Investment Decision expected by the end of 2027 and commercial operations starting in 2030 [2] Group 1 - The CCS Baltic Consortium aims to establish the first integrated carbon capture, transport, and storage value chain in the Baltic region, recognized as a Project of Common Interest by the European Commission [3] - The consortium, formed in 2022, includes multiple partners such as Akmenės Cementas AB and Mitsui O.S.K. Lines, and collaborates with gas transmission operators in Lithuania and Latvia for CO2 transportation assessments [4]

Core Insights - The National Energy Regulatory Council approved new natural gas transmission service tariffs for Amber Grid, effective from January 1, 2026 [1][3]. Pricing Summary - The average price of natural gas transmission services for Lithuanian consumers in 2026 will be 1.52 EUR/MWh, representing a 5% decrease from the 2025 average tariff of 1.60 EUR/MWh [2]. - The new prices for natural gas transmission services will be available on Amber Grid's official website [2].

Core Insights - The Ordinary General Meeting of Amber Grid Shareholders approved the audited consolidated and separate financial statements and the consolidated annual report for the year 2024 [1] - The distribution of profits for AB Amber Grid for 2024 was also approved during the meeting [1] Financial Performance - Revenue for 2024 was EUR 74.6 million, a decrease from EUR 82.2 million in 2023, representing a decline of approximately 9.6% [3] - EBITDA for 2024 was EUR 26.5 million, slightly up from EUR 26.3 million in 2023, indicating a marginal increase of about 0.8% [3] - Net profit for 2024 was EUR 8.3 million, down from EUR 13.0 million in 2023, reflecting a decrease of approximately 36.2% [3]

EPSO-G, a group of energy transmission and exchange companies (company code 302826889), with its registered office located at Laisvės pr. 10, Vilnius, Lithuania. From 29 April 2025 by the decision of the sole shareholder of EPSO-G, the Ministry of Energy of the Republic of Lithuania, a new member of the board – civil servant – Dovilė Kavaliauskienė, was appointed to the board of EPSO-G. The EPSO-G group consists of the management company EPSO-G and six directly owned subsidiaries - Amber Grid, Baltpool, Ene ...