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LEO LT AB or Lithuanian Electricity Organization was a national energy holding company in Lithuania. The company owned shares of Lithuania's three major electric power production and distribution companies. It was established in early 2008 to raise funds for the construction of the planned Visaginas Nuclear Power Plant after close down of Ignalina Plant and Lithuania–Sweden and Lithuania–Poland power connections.

LEO LT, AB that will participate in construction of a new nuclear power station and an electricity bridge to Sweden).1
* Leo LT, ein litauisches Energieunternehmen * den Künstlernamen von Leo Aberer * den namibischen Mobilfunkanbieter Leo (Namibia) 2
and a subsidiary of the national power company LEO LT, has undertaken a joint feasibility study on the project with the Swedish TSO, Svenska Kraftnät.3
creation of LEO LT is ‘the most obvious example of the Lithuania’s transformation into an oligarchy,’ according to reports in the Lithuanian press.4
LEO LT shareholders are electricity transmission system operator AB "Lietuvos energija" and two electricity distribution system operators - AB "VST" and AB "Rytu skirstomieji tinklai".5
Lithuanian utility LEO LT, and became independent when LEO LT was dismantled in 2009 and 2010.6

she said about Leo LT and other large companies that many analysts claim rule the country from behind closed doors.7
stake," Lithuania's LEO LT said in a statement after a meeting.8
The move marks the beginning of the end for Leo LT, which was technically the biggest company in the Baltics during its brief life, valued at around 5 billion litas (2 billion dollars).9
leo lt de castro says: November 7th, 2011 at 11:46 am fraternal greetings kuya!! i am an APO (2300 90 18003) & scheduled 10
LEO LT, the national energy company was established in 2004 but it was dissolved after handing power to a new government. The search for a national investor was unsuccessful as well.11
Location
Subsid
Lietuvos Energija
RST
VST
Foundation
2007
Extinction Year
2009
Founded By
Lithuania
Defunct
2009
Formation Year
2007
Subsidiary
Lietuvos Energija
Founder
Republic of Lithuania
NDX Energija
Industry
Electricity
Location City
Vilnius
Fate
dissolved
Category

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