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Utilitas logo — Clean energy

Utilitas

Clean energy

Founded 2011 Estonia Estonia 130 employees Energy, Renewable Energy +1

General Information

Company Name Utilitas
Founded Year 2011
Location Estonia Estonia
Employees 130
Industries Energy, Renewable Energy, Sustainability
Social

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About Utilitas

Utilitas, with the slogan "Clean energy," is a prominent player in the renewable energy sector, positioning itself as the largest producer of renewable energy in Estonia. With over a third of Estonian district heating customers connected to its networks, Utilitas is a key provider of renewable, environmentally friendly, and reasonably priced electricity, as well as district heating and cooling services. Additionally, it holds the distinction of being the largest wind energy producer in Latvia, operating wind farms in Tārgale and Grobiņa, with plans for further expansion in Saarde, Estonia, and the development of an offshore wind farm in the Gulf of Riga. With a robust focus on sustainability, Utilitas has made impressive strides, reducing its carbon footprint by 64% since 2008, in line with its carbon neutrality strategy "From Low to Zero Carbon," which aims to achieve carbon neutrality and utilize 100% renewable energy sources for production by 2030 at the latest. Leveraging biomass to produce electricity and heat, the company operates cogeneration plants and boiler houses, achieving an impressive efficiency rate of 100%. Based in Estonia and founded in 2011, Utilitas has demonstrated a strong commitment to environmental responsibility and sustainable energy practices, making it an attractive prospect for potential investors and partners interested in the Energy, Renewable Energy, and Sustainability sectors.

Business keywords: district heating, district cooling, wind energy, carbon neutrality, sustainable energy, biomass, cogeneration

No funding data available for Utilitas yet.

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FAQ About Utilitas

Clean energy
Utilitas was founded in 2011.
Utilitas is headquartered in Estonia.
Utilitas operates in Energy, Renewable Energy and Sustainability. Its work centres on district heating, district cooling, wind energy and carbon neutrality.
Utilitas has approximately 130 employees.
Top alternatives and competitors to Utilitas include ENER-G Cogen International (now Centrica Business Solutions), Subterra Renewables, ENGIE, PADD Energy Ltd, part of Anthesis, Nexterra. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Utilitas and ENER-G Cogen International (now Centrica Business Solutions) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Utilitas, https://bouncewatch.com/company/utilitas, updated 29 November 2024. When citing, please name BounceWatch and link this page.

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