LEO LT country Lithuania
LEO LT AB or Lithuanian Electricity Organization (Lithuanian: Lietuvos elektros organizacija) 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. The decision to liquidate the company, mired in controversies and attacked by critics, was reached by the shareholder of LEO LT on 4 September 2009.
Nation State Land Territory