Enefit Green acquires Gulf of Riga offshore wind farm development project from Eesti Energia
March 29 2023 - 10:00AM
Enefit Green acquires Gulf of Riga offshore wind farm development
project from Eesti Energia
Today, Enefit Green AS and Eesti Energia AS entered into a
purchase and sale agreement, according to which Enefit Green will
buy 100% of Liivi Offshore OÜ from Eesti Energia for nearly 6.2
million euros. Enefit Green's audit committee has reviewed this
transaction and has confirmed its accordance with market
conditions.
Liivi Offshore OÜ is a development of an offshore wind farm in
the Gulf of Riga with a capacity of 1GW. Preliminary works
are currently underway to carry out the studies necessary for the
assessment of environmental impacts. Also a preliminary technical
analysis of the wind farm is being carried out and a special state
plan for the construction of the network connection has been
initiated.
Further information: Sven Kunsing Head of Finance Communications
investor@enefitgreen.ee https://enefitgreen.ee/en/investorile/
Enefit Green is one of the leading diversified
renewable energy producers in the Baltic Sea area. The Company wind
farms in Estonia and Lithuania, cogeneration plants in Estonia and
Latvia, solar farms in Estonia and Poland, a pellet plant in Latvia
and a hydroelectric plant in Estonia. In addition, the Company is
developing several wind and solar farms in the mentioned countries
and Finland. As of the end of 2021, the Company had a total
installed electricity production capacity of 457 MW and a total
installed heat production capacity of 81 MW. During 2022, the
Company produced 1,118 GWh of electricity, 565 GWh of heat energy
and 154 thousand tonnes of wood pellets.