Key Takeaways

• Frank Oomen has been appointed CEO of Ignitis Renewables, effective September 1, 2025.
• Oomen brings over 15 years of renewable energy leadership experience from companies like BP and SSE Renewables.
• The Group aims to boost its green energy capacity from 1.4 GW to 4–5 GW by 2030.

Leadership Transition at Ignitis Renewables

AB “Ignitis grupė” has announced the appointment of Frank Oomen as CEO of its subsidiary UAB “Ignitis Renewables,” effective September 1, 2025. This decision follows the resignation of the previous CEO, Thierry Aelens, on January 31, and aims to ensure a smooth transition with Gary Bills serving as the Interim CEO since March 31.

Oomen, a seasoned executive with an engineering background, brings extensive experience in the renewable energy sector. His career includes leadership roles at major organizations such as BP, GroenLeven, Eneco Wind & Solar, and SSE Renewables, amassing more than 15 years of expertise. His skill set encompasses business development, strategy execution, and large-scale project implementation across various renewable technologies, including both offshore and onshore wind, solar, battery solutions, and power-to-X technologies.

In selecting Oomen, Ignitis Renewables engaged an international recruitment agency, attracting a diverse pool of 136 candidates to ensure that the best possible leadership was chosen to drive the company’s strategic goals. Ignitis Renewables positions itself as a leading green energy provider in the Baltics and Poland, focusing on the development of sustainable energy solutions.

The Group has set ambitious objectives for the coming years, targeting an increase in its “Green Capacities” from 1.4 GW in 2024 to a goal of 4-5 GW by 2030. This move is part of a broader strategy to enhance the company’s involvement in renewable energy generation and flexibility technologies, which are crucial in meeting the increasing demand for clean energy solutions.

Despite the transition in leadership, the announcement indicates that there will be no changes to the Group’s Adjusted EBITDA and Investments guidance for 2025, ensuring stakeholders can expect continued stability during this period.

For further inquiries, contact Valdas Lopeta at +370 621 77993 or valdas.lopeta@ignitis.lt.

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