Enefit Green

One of the leading renewable energy companies in the Baltic Sea region

Green future, green energy

We have grown into one of the leading renewable energy companies in the Baltic Sea region. We are committed to providing environmentally friendly alternatives to conventional energy produced from fossil sources.

We operate in Estonia, Latvia, Lithuania, Poland, and Finland, focusing on the profitable operation and development of our production assets.

We firmly believe that the green transition can only be delivered by renewables-based electrification of household and industrial consumption. The transition will ensure long-term growth in the demand for green electricity for decades to come.

Our shares are listed on the Nasdaq Tallinn Stock Exchange and we have over 60,000 shareholders.

Development of the production portfolio

When Enefit Green went public in 2021, we planned to increase our 457-megawatt electricity production capacity by 2.4 times, reaching 1,100 megawatts by 2025. This growth was to be supported by additional equity raised during the IPO and subsequently secured debt capital. Currently, we operate 592 megawatts of production capacity, with an additional 631 megawatts of wind and solar parks under construction.

Over the past three years, in line with our growth plan, we have made investment decisions totaling nearly one billion euros to build onshore wind and solar parks in our home markets.

Upon the completion of already operational and ongoing projects, Enefit Green's installed electricity production capacity will exceed 1.2 gigawatts by the end of 2025, with an expected annual output of 3 terawatt-hours.

We produce renewable energy from


Wind

In Estonia, Lithuania, Poland, and Finland

Sun

In Estonia and Poland

Mixed municipal waste that cannot be recycled

At the Iru power plant

Water

At the Keila-Joa small hydroelectric power plant

Enefit Green in numbers 2023


1.3 TWh

Production of electricity

604 GWh

Production of heat energy

€356m

Investments

709 MW

Capacity under construction

515 MW

Operating electricity capacity

154

Employees

64,000

Investors

Our values


I care

  • About people
  • About customer
  • About environment

I'm responsible

  • For safety
  • For results
  • For clarity

We create value for customer

  • Together
  • Boldly
  • Effectively