New energy group EPSO-G has approved the new composition of the Energy Cells Board, which will begin its term on April 14, 2026, following the expiration of the current Board’s term.
Energy Cells Board, governing the operator of the energy storage system, will continue to include Paulius Butkus, Chief Strategy Officer of EPSO-G Group, delegated by the parent company, and Dovilė Kapačinskaitė, a civil servant and Senior Advisor at the Ministry of Energy of the Republic of Lithuania. Jurgis Gabrielius Rudgalvis has been appointed as a new independent member, replacing Darius Klimašauskas, who has served on the Board for four years.
Jurgis Gabrielius Rudgalvis is an experienced finance executive with more than 10 years of experience in financial management, mergers and acquisitions (M&A), strategic transformations, and investment projects. He currently serves as CFO of the Oxylabs group of companies, which originated from the Tesonet accelerator and continues to expand its portfolio of data technology businesses through acquisitions and new initiatives. Previously, he served as CFO of the Euroapotheca Group and led finance and integration at Kronans Apotek, one of Sweden’s largest pharmacy chains.
To ensure strong governance practices, Energy Cells Board consists of three members: an independent member, a representative delegated by the parent company, and a civil servant. This composition ensures a balance of expertise and enables effective decision-making on the company’s strategy, budget, annual operational objectives, and other matters within the Board’s remit.
Energy Cells plays a vital role in strengthening the security and resilience of Lithuania’s energy system. The company provides the isolated operating reserve service essential to the electricity transmission system, ensuring its stable and uninterrupted operation.
The current Board’s term will end on April 13, 2026. The newly appointed Board will continue to implement the company’s strategic objectives and contribute to the development of a reliable and resilient energy system in Lithuania.
EPSO-G group consists of the holding company EPSO-G and six directly controlled subsidiaries: Amber Grid, Baltpool, Energy Cells, EPSO-G Invest, Litgrid, and Tetas. EPSO-G and its group companies also hold shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ, and TSO Holding AS. The Ministry of Energy of the Republic of Lithuania exercises the rights and obligations of the sole shareholder of EPSO-G.