The Supervisory Board of Enefit Green has appointed Juhan Aguraiuja, who has
been leading Adven's Baltic business, as the new Chairman of the Management
Board. He will assume his position on October 14. According to Articles of
Associations, a member of the Management Board is elected for a term of 3 years.
Aavo Kärmas, the current CEO of Enefit Green, will step down from his role by
mutual agreement with the Supervisory Board, effective July 1.
Until Juhan Aguraiuja takes office, the current Management Board member and
Chief Development Officer, Andres Maasing, will act as the interim Chairman of
the Management Board starting from July 1, as decided by the Supervisory Board.
Juhan Aguraiuja has been a member of the Management Board of Adven Eesti AS and
the head of Adven's Baltic business since 2022. Prior to that, he held various
positions at Danpower Eesti AS, serving as a Management Board member responsible
for technology and business development from 2020 to 2022, and earlier as a
Technical Manager, Project Development Manager, and Project Engineer.
He holds a Master's degree in Thermal Power Engineering from Tallinn University
of Technology. Aguraiuja owns 825 shares of Enefit Green through his company AJ
Energia OÜ.
Additionally, Enefit Green will be seeking a new Management Board member and
Chief Financial Officer soon, as Veiko Räim, has decided not to seek another
term after his mandate ends. Räim's contract is valid until September 24. He has
been a member of the Management Board and CFO of Enefit Green since 2017.
The Management Board of Enefit Green will temporarily continue to work with
three members. Alongside Andres Maasing and Veiko Räim, the Board includes Innar
Kaasik, who is responsible for production and asset management.
Further information:
Kadri Korsten
Head of Communication
kadri.korsten@energia.ee
+372 53 43 9739
Enefit Green is one of the leading renewable energy producers in the Baltic Sea
area. The Company operates wind farms in Estonia and Lithuania, waste-to-energy
CHP plant in Estonia, solar farms in Estonia and Poland and a hydroelectric
plant in Estonia. In addition, the Company is developing several wind and solar
farms in the mentioned countries, Latvia and Finland. As of the end of 2023, the
Company had a total installed electricity production capacity of 515 MW and a
total installed heat production capacity of 50 MW. During 2023, the Company
produced 1,343 GWh of electricity, 604 GWh of heat energy and 156 thousand
tonnes of wood pellets. In the end of 2023, Enefit Green exited the biomass
based CHP and pellet production businesses.
|