Enefit Green

Earnings Release • Nov 22, 2021

Company	Enefit Green AS
Type	Company Release
Category	Management interim statement or quaterly financial report
Disclosure time	22 Nov 2021 09:00:00 +0200

Currency

Enefit Green production data - October 2021 Title

Enefit Green produced 147.8 GWh electricity during October 2021 or 36.2% more than in the same period last year. The growth was mainly supported by good wind energy production growth in Estonian and Lithuanian wind farms. This in turn was supported good availabilities and good average recorded wind speeds. During October 2021 the average recorded wind speed was 8.0 m/s and 7.4 m/s in Estonian and Lithuanian wind parks respectively (6.7 m/s and 6.8 m/s respectively in October 2020).

Heat energy production grew by 1.6% y-o-y to 55.4 GWh in October 2021.

Pellet production decreased by 11.3% y-o-y to 12.8 thousand tons in October 2021.

	October 2021	October 2020	Change, %
Electricity, MWh
Estonia	93,435	64,514	44.8%
Lithuania	48,867	38,985	25.3%
Latvia	3,994	4,128	-3.2%
Poland	1,454	891	63.2%
Total	147,750	108,518	36.2%

Finantsinspektsioon http://www.fi.ee

Heat energy, MWh	55,353	54,468	1.6%
Pellets, th t	12.8	14.0	-11.3%

Further information:

Sven Kunsing Head of Finance Communications investor@enefitgreen.ee (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 30 June 2021, the Group had a total installed electricity production capacity of 456.4 MW and a total installed heat production capacity of 81.2 MW. During 2020, the Company produced 1350 GWh of electricity and 543 GWh of heat.

Finantsinspektsioon http://www.fi.ee