Market announcement

Enefit Green AS

LEI code

485100EAUB2D0VTK1R43

General information

Categories

Other corporate action

Unique data record identifier

10379

Submission date and time

25.05.2023 15:30:00

Content of announcement in Estonian

Title

Enefit Greeni langetas lõpliku investeerimisotsuse 74 MW Sopi päikesepargi ehitamiseks

Message

Enefit Green langetas lõpliku investeerimisotsuse ehitada valmis 74 MW Sopi
päikesepark Eestis. Tegu on osaga Enefit Greeni varem tutvustatud
investeerimisplaanist, mille eesmärk on neljakordistada elektri tootmisvõimsust
1 900 MW tasemeni 2026. aasta lõpuks.

Sopi päikesepark peaks valmima 2025. aasta alguses ning selle oodatav
tootmismaht saab olema ca 75 GWh aastas. Enefit Green investeerib Sopi
päikeseparki ligi 44 miljonit eurot.

Koos lähedusse rajatava 255 MW Sopi-Tootsi tuulepargiga investeerib Enefit Green
Sopi-Tootsi taastuvenergeetika alale kokku ligi 350 miljonit eurot. Sopi-Tootsi
taastuvenergeetika alale rajatava tuule- ja päikesepargi oodatav aastane
kogutoodang on 754 GWh, mis katab ca 9% kogu Eesti elektritarbimisest.

Investeeringu tulukindluse tõstmiseks on Enefit Green sõlmimas ka elektri
müügilepingut osale oodatavast toodangust, mis lisandub juba sõlmitud Sopi-
Tootsi tuulepargi rajamist toetavatele elektrimüügilepingutele.


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 has taken final investment decision on 74 MW Sopi solar farm

Message

Enefit Green has taken final investment decision on 74 MW Sopi solar farm in
Estonia. The project is part of Enefit Green's previously communicated near-term
project pipeline to quadruple its installed electricity generation capacity to
1,900 MW by the end of 2026.

Sopi  solar  farm  is  expected  to  be  commissioned in 2025 and is expected to
generate  ca 75 GWh  electricity per  year. Enefit  Green will invest nearly 44
million EUR in this project.

Together  with the 255 MW Sopi-Tootsi wind farm being constructed nearby, Enefit
Green  will  invest  a  total  of  nearly  350 million  euros in the Sopi-Tootsi
renewable  energy area. The expected combined  annual production of the wind and
solar  farms to be  built in the  Sopi-Tootsi renewable energy  area is 754 GWh,
which covers about 9% of the total electricity consumption in Estonia.

In  order to increase the  revenue certainty of the  investment, Enefit Green is
also  concluding  a  contract  for  the  sale  of  electricity for a part of the
expected  production,  which  will  be  an  addition  to  the  already concluded
electricity  sales contracts supporting the construction of the Sopi-Tootsi wind
farm.


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 2022, 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.