The team was founded in 1991, and promptly won the first four Lithuania Hockey League championships, while only suffering one defeat throughout their first four seasons. Energija joined the new Eastern European Hockey League for the 1995-96 season, and struggled mightily, winning only 6 of their 28 games in their first season. They never did particularly well in the EEHL, their best finish being second in the B Group in 2002-03. In addition to the EEHL, they were given an automatic spot in the final in the Lithuanian Hockey League, winning the title in 1996, 1997, 1997, 1999, 2001, and 2003. Energija dropped out of the EEHL after the 2002-03 season, one year before the league folded.