Putting the wind and the sun to work for a sustainable future
Enefit Green creates clean energy for everyone
Enefit Green has grown into a major renewable energy producer, with rapid growth in recent years made possible by investments in new wind and solar parks. We are the largest wind energy producer in the Baltics.
We produce renewable energy in Estonia, Latvia, Lithuania, Poland, and Finland. Our portfolio includes 29 wind farms, 46 solar power plants, one cogeneration plant, and one hydroelectric plant across five countries. Our operational assets have a total capacity exceeding 1,100 megawatts.
We have over 20 years of renewable energy experience.
We produce renewable energy from wind, solar, waste, and water.
By the end of 2025, our total generation capacity will reach 1.2 gigawatts.
Our production capacity exceeds 1,100 megawatts
Over the past three years, following our growth strategy, we have made investment decisions totaling nearly one billion euros to develop onshore wind and solar parks in our home markets. As a result, our production capacity has more than doubled, reaching over 1100 megawatts.
The growth over the last three years has been significant not only for Enefit Green, but also for the entire Baltic renewable energy market, where we are one of the leading renewable energy companies. The addition of around 700 MW of power generation capacity by us has been a major catalyst towards reducing our markets’ dependence on imported and fossil fuel-based energy. This has created new added value in local communities and contributed to mitigating the energy crisis that erupted in 2022.
As a large-scale energy producer, Enefit Green prioritizes maximizing the value of every megawatt-hour generated. This means ensuring the high reliability of our operational assets, completing ongoing construction projects on time, and fully capitalizing on the market potential of all our assets.
Development Projects
Renewable energy remains the most competitive form of energy. As a major energy producer, Enefit Green plays a key role in the regional energy market by providing consumers with cost-competitive renewable energy.
Enefit Green at a glance
- The largest wind energy producer in the Baltics
- 1100+ MW capacity of operating assets
- 100+ MW capacity of assets under construction
- Electricity production: 1.9 TWh (2024)
- Heat energy production: 415 GWh (2024)
- 132 employees in Estonia, Latvia, Lithuania, and Poland
- Over 60,000 investors
For Investors
Enefit Green's shares have been listed on the Nasdaq Tallinn Stock Exchange Baltic Main List since autumn 2021. As of the end of 2023, the company had approximately 60,000 investors.
Environment
Our responsibility is bigger than renewable energy production. We ensure a cleaner environment and reduce our carbon footprint.
Our actions and decisions are guided by EU environmental policy, the legislation of the country where we operate and international standards.
News
Enefit Green partners with Sumitomo Corporation to develop Liivi Bay offshore wind farm
Sumitomo Corporation (SC), the integrated trading and business investment company, and Enefit Green, a largest wind energy company in the Baltics, have signed an agreement, which outlines the start of strategic partnership for developing the first offshore wind farm in the Gulf of Riga in the Baltic Sea.
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Enefit Green is focusing on the Baltic States and Poland
Having assessed the situation on its core markets, the fit of the company's near-term development portfolio and the existing operating portfolio with the current market situation, as well as financing opportunities, Enefit Green has decided to look for opportunities to exit the Finnish market and sell some non-strategic development projects.
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The price of heat energy produced at the Iru power plant is changing
The Competition Authority has approved a price cap of €20.06 per megawatt-hour for heat produced from mixed municipal waste at the Iru power plant. This remains the most affordably produced heat energy in Estonia, which is entirely purchased by AS Utilitas for district heating customers in Tallinn and Maardu.
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