# Lithuanian energy sector financial performance

> Live situation record from CLSTR: https://clstr.news/situations/lithuanian-energy-sector-financial-performance
> Updated: 2026-08-20T06:44:40.000Z. Sources: 2. Developments: 2.

Lithuanian energy infrastructure operators reported strong financial growth during the first half of the year.

Electricity transmission operator Litgrid reversed a previous year’s loss to post a €39 million net profit, with revenue increasing by 28%. This growth was supported by higher transmission fees and increased income from imbalance-balancing. The company also invested €61 million in grid expansion projects, including the “Harmony Link” connection with Poland.

Similarly, KN Energies reported a 60% increase in net profit, reaching €13.8 million. This performance was largely driven by the Klaipėda LNG terminal, which saw a 30% increase in regasification and handling volumes. The terminal reached an 86% utilization rate, securing long-term capacity allocations for clients including Ukraine’s Naftogaz and Finland’s Gasum.

## Timeline

### 2026-08-20: KN Energies reports 60% profit increase driven by LNG terminal growth

KN Energies reported a 60% rise in net profit to 13.8 million euros for H1, driven by a 30% surge in LNG terminal activity in Klaipėda and new long-term capacity agreements with Naftogaz and Gasum.

2 sources. https://clstr.news/cluster/kn-energies-reports-60-profit-increase-driven-by-lng-terminal-growth

### 2026-08-07: Lithuania's Litgrid posts €39 million H1 profit as revenue climbs 28%

Litgrid posted a €39 million H1 profit and 28 % revenue growth, while Amber Grid earned €16.3 million adjusted profit, with both firms expanding grid projects such as the Harmony Link.

2 sources. https://clstr.news/cluster/lithuanias-litgrid-posts-39-million-h1-profit-as-revenue-climbs-28

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Cite as: Lithuanian energy sector financial performance. CLSTR, https://clstr.news/situations/lithuanian-energy-sector-financial-performance