Predicted to enable ligase activity; lipoyl(octanoyl) transferase activity; and octanoyl transferase activity (acting on glycine-cleavage complex H protein). Predicted to be involved in positive regulation of oxygen metabolic process and protein lipoylation. Located in mitochondrion. Orthologous to human LIPT2 (lipoyl(octanoyl) transferase 2). [provided by Alliance of Genome Resources, Apr 2022]