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Thursday, 28.03.2024, 12:19
Estonian energy group Utilitas brings subsidiaries under common brand
AS Tallinna Kute
would be renamed AS Utilitas Tallinn
and AS Erakute- AS Utilitas Eesti. OU Tallinna Elektrijaam has filed an application to change its
business name to OU Utilitas Tallinna
Elektrijaam, Utilitas said.
"The main reason for the name change is the rapid
development Utilitas has gone through
in recent years, due to substantial investments. We have established new CHP
stations and renovated both boilerhouses and district heating networks, which
has led to higher energy efficiency, greener environment and optimal thermal
energy prices. Investments and innovations have been made at our locations all
over Estonian and thus it is the right moment now to streamline the identity of
the Utilitas group companies,"
said Priit Koit, CEO of Utilitas.
The brand consolidation will not bring about any changes for
customers.
Fully owned by Estonian entrepreneurs, Utilitas supplies thermal energy to clients in eight Estonian
towns: Tallinn, Maardu, Keila, Haapsalu, Kardla, Rapla, Jogeva, and Valga.
The companies of Utilitas
Group manage 500 kilometers of district heating networks all over Estonia.
The total installed capacity of its boilerhouses amounts to 1.1 gigawatts. The
installed capacity of the Utilitas
CHP at Vao just outside Tallinn is 25 megawatts and thermal installed capacity
67 megawatts.