Market announcement

Enefit Green AS

Category

Other corporate action

Date

12.04.2024 09:30:00

Title

Enefit Green allkirjastas varajase faasi maismaa tuuleenergia projektide omandamis- ja koostöölepingu Poolas

Message

Eile, 11. aprillil 2024 pärast börsipäeva lõppu allkirjastas Enefit Greeni
tütarettevõte Enefit Green sp. z o.o. Poola arendusettevõttega RES Global
Investment sp. z o.o. lepingu, et omandada 100% arendusõigustest mitmes varajase
faasi maismaa tuuleenergia projektis Poolas.

Allkirjastatud leping hõlmab 8 eraldiseisvat varajase faasi maismaa tuuleenergia
arendusprojekti, mille planeeritud koguvõimsus on kuni 360 MW. Planeeritavate
tuuleparkide ehitus ei alga enne 2028. aastat. Praeguste ootuste kohaselt
hakkavad tuulepargid elektrienergiat müüma turule või lõpliku
investeerimisotsuse tegemise ajal sõlmitava elektrimüügilepingu alusel.

Hinnanguline investeering ulatub kokku umbes 80 miljoni euroni. See summa
sisaldab projektide soetusmaksumust ja muid arenduskulusid, mis on vajalikud
projektide ehitusvalmiduseni arendamiseks. Maksete ajastus ja suurus sõltuvad
lepingus sätestatud teatavate arenduseesmärkide saavutamisest ja asjakohaste
elektrivõrguga liitumise nõuete täitmisest.


Lisainfo:
Sven Kunsing
Finantssuhtluse juht
investor@enefitgreen.ee
(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 taastuvenergia tootjatest Läänemere piirkonnas.
Ettevõte opereerib tuuleparke Eestis ja Leedus, päikeseparke Eestis ja Poolas,
kütusena olmeprügi kasutavat koostootmisjaama Eestis ning hüdroelektrijaama
Eestis. Lisaks arendab ettevõte mitmeid tuule- ning päikeseparke ülalnimetatud
riikides ning Lätis ja Soomes. 2023. aasta lõpu seisuga oli ettevõtte
installeeritud elektritootmise koguvõimsus 515 MW ning soojusenergia tootmise
koguvõimsus 50 MW. 2023. majandusaasta jooksul tootis ettevõte 1 343 GWh
elektrienergiat, 604 GWh soojusenergiat ja 156 tuhat tonni pelleteid. 2023.
aasta lõpus väljus Enefit Green biomassi kütusena kasutavatest koostootmise ning
pelletitootmise äridest.

Title

Enefit Green signed a co-development agreement for early-stage onshore wind projects in Poland

Message

After  market close  yesterday, 11 April  2024, Enefit Green's subsidiary Enefit
Green  sp.  z  o.o.  signed  a  Development  Service  Agreement  with  a  Polish
development  company  -  RES  Global  Investment  sp.  z o.o. to acquire 100% of
development rights in multiple early-stage onshore wind projects in Poland.

The  signed agreement covers  8 separate early-stage onshore  wind projects with
targeted  total installed capacity of up to 360 MW. The start of construction of
these  projects is  estimated to  be no  sooner than  2028. According to current
expectations  the completed projects  will operate either  under merchant market
conditions  or a power  purchase arrangement to  be entered into  at the time of
investment decision.

Total  estimated  investments  amount  to  ca  EUR80m,  which includes the project
acquisition  cost and other development costs needed to achieve "ready to build"
status for all projects in the scope. The timing and size of the payments depend
on  achievement of  certain development  milestones established  in the executed
agreement and the relevant grid requirements.


Further information:
Sven Kunsing
Head of Finance Communications
investor@enefitgreen.ee
(https://www.globenewswire.com/Tracker?data=eahglFI0K4UUxwsmqXkQdO3N_ld1uojlGTE_
vteiKcyQu1wfu3r9tXxEfe64TI9iPjXXdLcA-1wKJKK402r4cwPqdjBXLG-Ga36PZFEEUJ4=)

(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 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.