Market announcement

Enefit Green AS

LEI code

485100EAUB2D0VTK1R43

General information

Categories

Other corporate action

Unique data record identifier

10202

Submission date and time

29.03.2023 17:00:00

Content of announcement in Estonian

Title

Enefit Green omandas Eesti Energialt Liivi lahe meretuulepargi arenduse

Message

Enefit Green AS ja Eesti Energia AS sõlmisid täna ostu-müügilepingu, mille
kohaselt Enefit Green ostab Eesti Energialt Liivi Offshore OÜ 100% osaluse ligi
6,2 miljoni euro eest. Enefit Greeni auditikomitee on kontrollinud ja kinnitanud
antud tehingu vastavust turutingimustele.

Liivi Offshore OÜ näol on tegu Liivi lahe meretuulepargi arendusega võimsusega
1GW. Eeltöödest käivad praegu keskkonnamõjude hindamiseks vajalikud uuringud,
tuulepargi tehniline eelanalüüs ja algatatud on riigi eriplaneering
võrguühenduse rajamiseks.

Lisainfo:
Sven Kunsing
Finantssuhtluse juht
[email protected]
(https://www.globenewswire.com/Tracker?data=eahglFI0K4UUxwsmqXkQdO3N_ld1uojlGTE_
vteiKcyQu1wfu3r9tXxEfe64TI9iPjXXdLcA-1wKJKK402r4cwPqdjBXLG-Ga36PZFEEUJ4=)
https://enefitgreen.ee/investorile/
(https://www.globenewswire.com/Tracker?data=2hvtWZj2Sah7P5FHBmegLeIoMx1_pu7PK9v_
TsWBkf-qdy705TQpwpl_2cNDmb3iCN-
NkLHEs8SIwbSVVzso9h20XumT41kxmuMBN6kQDnpPywlTouLu7hjVZ5aMG9g6)

Enefit Green on üks juhtivatest ja mitmekülgsematest taastuvenergia tootjatest
Läänemere piirkonnas. Ettevõttele kuuluvad tuulepargid Eestis ja Leedus,
koostootmisjaamad Eestis ja Lätis, päikesepargid Eestis ja Poolas, pelletitehas
Lätis ning hüdroelektrijaam Eestis. Lisaks arendab ettevõte mitmeid tuule- ning
päikeseparke ülalnimetatud riikides ja Soomes. 2022. aasta lõpu seisuga oli
ettevõtte installeeritud elektritootmise koguvõimsus 457 MW ning soojusenergia
tootmise koguvõimsus 81 MW. 2022. majandusaasta jooksul tootis ettevõte 1118 GWh
elektrienergiat, 565 GWh soojusenergiat ja 154 tuhat tonni pelleteid.

Content of announcement in English

Title

Enefit Green acquires Gulf of Riga offshore wind farm development project from Eesti Energia

Message

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
[email protected]

(https://www.globenewswire.com/Tracker?data=eahglFI0K4UUxwsmqXkQdO3N_ld1uojlGTE_
vteiKcyQu1wfu3r9tXxEfe64TI9iPjXXdLcA-1wKJKK402r4cwPqdjBXLG-
Ga36PZFEEUJ4=)https://enefitgreen.ee/en/investorile/
(https://www.globenewswire.com/Tracker?data=2hvtWZj2Sah7P5FHBmegLeIoMx1_pu7PK9v_
TsWBkf9HVGRVBco0gBWNAR8sTIf_RfHfPw1v74a_H6m3SjVkIBzGyIVVbjGOe57EOq9-
agKg8ttz2h5EHYmF0la-hs-rAYHvQm2Fvlu3QknP8tcDCA==)

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.