EPSO-G Announces Selection of Energy Cells Board Members
2025-12-18
The new energy group EPSO-G has announced a selection process for board members of its subsidiary Energy cells. Candidates are invited to submit their applications by January 30, 2026.
Three board members will be selected: an independent board member with expertise in financial management and mergers and acquisitions (M&A), a board member nominated by EPSO-G, responsible for strategic planning and management, and a board member who is a civil servant, responsible for state aid and national security issues.
Energy Cells plays an important role in ensuring the security and resilience of the Lithuanian energy system by providing the system with the necessary isolated working reserve service. In order to consistently implement the strategic goals of the company and the entire EPSO-G group, we seek to attract professionals of the highest competence to the board,” says Mindaugas Keizeris, head of EPSO-G.
The board of Energy Cells, the energy storage system operator, consists of three members who are elected for a four-year term. The current board’s term will end on April 13, 2026.
To ensure good governance and proper shareholder representation, the board will include one independent member, one member nominated by the parent company EPSO-G, and one civil servant. The combination of different competencies will enable the board to effectively address financial, strategic, regulatory, and national security issues.
The selection of the independent board member is carried out by the executive search agency AIMS International Lietuva. The selection procedures for the civil servant and the board member delegated by EPSO-G are carried out by the EPSO-G Remuneration and Appointment Committee.
Documents for candidates and detailed information about the selection process are published on the websites of EPSO-G, Energy Cells, and the Management Coordination Center (VKC).
The EPSO-G group of companies consists of the management company EPSO-G and six directly controlled companies: Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid, and Tetas. EPSO-G and the Group companies also hold shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ, and TSO Holding AS. The rights and obligations of the sole shareholder of EPSO-G are exercised by the Ministry of Energy.