Enefit Green
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 2024
1,9 TWh
Production of electricity
415 GWh
Production of heat energy
631 MW
Capacity under construction
592 MW
Operating electricity capacity
132
Employees
60 000
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