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Enefit Green

Earnings Release Jun 13, 2025

2216_rns_2025-06-13_ca831e82-0573-4f40-9ff7-3137ee4e49e0.html

Earnings Release

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Enefit Green production data – May 2025

Enefit Green production data – May 2025

In May, Enefit Green produced 153.2 GWh of electricity, which is almost by a
third more than last year. The increase in production was due to the new wind
and solar farms added to the production portfolio during the past year, mainly
the Sopi-Tootsi and Kelme I wind farms and the Sopi solar farm.

The volume of wind energy production in May was 122 GWh, which is 34% higher
than a year ago.

Downregulations due to excessively low electricity prices had major impact on
the production volume of wind farms leaving 26.5 GWh unproduced, of which more
than a half, or 14.2 GWh on the Finnish market. The provision of system services
in Estonia and Lithuania reduced the volume of production by -7.2 GWh. The
impact of wind farms' availability on production was -5.7 GWh. The wind
conditions in May affected the production of wind farms by about -12.7 GWh
compared to expectations, of which -9.2 GWh came from Lithuanian wind farms,
where weighted average wind speed reached only 5.6 m/s.

The volume of solar energy production reached 19.9 GWh in May, which was nearly
50% higher than last year, mainly due to the production from the new Sopi (May
production 6.4 GWh) and two Latvian solar farms (2.6 GWh). Similarly to wind
farms, the production volume of solar farms was significantly affected by
downregulation caused by excessively low electricity prices, as a result of
which 2.6 GWh was left unproduced in May. In Polish solar farms, grid-related
production restrictions caused negative 0.5 GWh impact on the production. The
impact of weather conditions on the production of solar energy was positive
+0.3 GWh. Starting from May, we are the first solar energy producer on the
Baltic market to offer system services with solar farm, which reduced monthly
production volume by 0.2 GWh.

Electricity production of the Iru cogeneration plant reached 11.2 GWh (-6%) and
the production of thermal energy was 36.1 GWh (-4.7%) in May.

May 2025 May 2024 Change, %

Electricity production by countries, GWh

Estonia 90.2 46.9 92.5%

Lithuania 54.2 49.3 10.0%

Latvia 2.6 - -

Poland 4.2 4.7 -9.6%

Finland 1.9 15.2 -87.4%

Total 153.2 116.1 32.0%

Electricity production by segment, GWh

Wind 122.0 90.8 34.4%

incl. new wind farms 69.9 40.4 73.2%

Cogeneration (Iru) 11.2 11.9 -6.2%

Solar 19.9 13.3 49.6%

incl. new solar farms 15.7 8.6 83.4%

Other 0.2 0.1 53.3%

Total 153.2 116.1 32.0%

Heat energy, GWh 36.1 37.8 -4.7%

Further information:
Sven Kunsing
Head of Finance Communications
[email protected]
(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==)

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