Danpower Baltic

Vilnius, Lithuania Founded: 2014 • Age: 12 yrs Acquired By Idex
Biomass-fueled CHP plants are developed, owned, and operated.

About Danpower Baltic

Danpower Baltic is an Energy & Utilities company based in Vilnius (Lithuania) founded in 2014, and was acquired by Idex in October 2019. Biomass-fueled CHP plants are developed, owned, and operated. Its chief executive, as recorded, is Arturas Kliukevicius. Its focus areas include Energy, Bioenergy, Energy Generation and Co-generation (CHP).

Company details

Danpower Baltic was founded in 2014 in Vilnius, Lithuania, and focuses on the energy sector through the development, ownership, and operation of combined heat and power (CHP) plants powered by biomass. Operations include a 20 MW heat and 5 MW electricity boiler house in Kaunas, a 23.8 MW heat plant in Vilnius using wood chips and organic wastes, along with additional projects across the region.

  • Headquarters Vilnius, Lithuania
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
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  • Website danpowerbaltic.lt
  • Social LinkedIn
  • Acquired by Idex (Oct 2019)
Key Metrics

Investors in Danpower Baltic

Danpower Baltic has secured backing from 1 investor. Prominent investors backing the company include Idex.

All
InvestorDescriptionFounded YearDomainLocation
Developer of local, low-carbon energy infrastructure
1963idex.fr
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Investor details for Danpower Baltic

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People of Danpower Baltic

1 people are tracked at Danpower Baltic (1 in leadership).

NameRoleGroup
Arturas Kliukevicius
CEOLeadership
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Complete people profiles for Danpower Baltic

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Timeline of Danpower Baltic

2 dated milestones of Danpower Baltic across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Danpower Baltic is founded.
  2. Exit Acquired by Idex.
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Frequently Asked Questions about Danpower Baltic

Danpower Baltic was founded in 2014.

Danpower Baltic is headquartered in Vilnius, Lithuania.

Arturas Kliukevicius is the CEO of Danpower Baltic, as recorded in our data.

Danpower Baltic was founded in 2014 in Vilnius, Lithuania, and focuses on the energy sector through the development, ownership, and operation of combined heat and power (CHP) plants powered by biomass. Operations include a 20 MW heat and 5 MW electricity boiler house in Kaunas, a 23.8 MW heat plant in Vilnius using wood chips and organic wastes, along with additional projects across the region.

Danpower Baltic has 1 investor. Key investors include Idex.

Yes. Danpower Baltic was acquired by Idex in October 2019.

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