Trump announces trade deal with EU following months of negotiations
VILNIUS - UAB "Ignitis renewables" has appointed Frank Oomen as its new Chief Executive Officer, effective September 1, 2025, according to a press release issued by parent company AB "Ignitis grupė" on Tuesday.
Oomen, who will serve a five-year term, brings over 15 years of leadership experience from energy companies including BP (NYSE:BP), GroenLeven, Eneco Wind & Solar, and SSE (LON:SSE) Renewables. He has an engineering background with expertise in business development and strategy implementation.
The appointment follows the resignation of previous CEO Thierry Aelens, announced on January 31. Gary Bills, the company’s COO, has been serving as Interim CEO since March 31 to ensure business continuity.
The selection process, conducted with the assistance of an international renewable energy recruitment agency, attracted 136 candidates. The company sought individuals with strong international qualifications and extensive experience in renewables.
Ignitis Renewables operates in the Baltics and Poland, focusing on developing green generation technologies including onshore and offshore wind, solar, battery, and power-to-X technologies. The parent company aims to increase its green capacities from 1.4 GW in 2024 to 4-5 GW by 2030.
The company stated that this appointment does not affect Ignitis grupė’s Adjusted EBITDA and Investments guidance for 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.