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Enefit Green

Capital/Financing Update Feb 21, 2022

2216_iss_2022-02-21_45e35128-f2a2-4a6f-8fc1-cba30567a618.pdf

Capital/Financing Update

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Company Enefit Green AS
Type Company Release
Category Other corporate action
Disclosure time 21 Feb 2022 15:00:00 +0200

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Title

Enefit Green signed wind turbine delivery and maintenance agreements with Vestas

Today, on 21 February 2021 Enefit Green subsidiary company Enefit Wind Purtse signed a wind turbine delivery and maintenance agreements with Vestas Northern Europe. The value of the signed turbine delivery agreement is about 20 million euros and

it covers construction of 5 wind turbines (each with 4.2 MW capacity) in Purtse Wind Farm. Purtse Wind Farm is planned to be commissioned in 2023 and is expected to produce about 46 GWh of electricity per year.

Further information: Sven Kunsing Head of Finance Communications [email protected] (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 diversified renewable energy producers in the Baltic sea area. The Company owns 22 wind farms, 38 solar power plants, 4 cogeneration plants, a pellet plant and a hydroelectric plant located in Estonia, Latvia, Lithuania and Poland. As of the end of 2021, the Group had a total installed electricity production capacity of 456 MW and a total installed heat production capacity of 81 MW. During 2021, the Company produced 1193 GWh of electricity and 618 GWh of heat.

Finantsinspektsioon http://www.fi.ee

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