Paulius Butkus, a board member delegated by the parent company EPSO-G, has been elected Chair of the Board of Energy Cells, an energy storage system operator Energy Cells. He was elected during the first meeting of the newly formed Board. Paulius Butkus is also Chief Strategy Officer at EPSO-G Group.
The newly appointed Board of Energy Cells began its work on April 14, 2026, following the expiration of the previous Board’s term. Two members are continuing for a second term: Paulius Butkus, who was elected Chair, and Dovilė Kapačinskaitė, a civil servant and Senior Advisor at the Ministry of Energy of the Republic of Lithuania. Jurgis Gabrielius Rudgalvis, an independent Board member and Chief Financial Officer of Oxylabs Group, has joined the Board.
The three-member Board – comprising an independent member, a representative delegated by the parent company, and a civil servant – ensures a balanced mix of expertise and supports effective decision-making on the company’s strategy, budget, and operational objectives.
Energy Cells plays a vital role in strengthening the security and resilience of Lithuania’s energy system. The company provides isolated operating reserve services required by the electricity transmission system, which are essential for ensuring its stable and uninterrupted operation.
The new energy group EPSO-G consists of the management company EPSO-G and six directly owned subsidiaries: Amber Grid, Baltpool, Energy Cells, EPSO-G Invest, Litgrid, and Tetas. The Group also holds shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ, and TSO Holding AS. The rights and obligations of the sole shareholder are exercised by the Ministry of Energy of the Republic of Lithuania.