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Enefit Green Earnings Release 2022

Aug 10, 2022

2216_iss_2022-08-10_22a81d4f-ca06-4e78-a23f-f22bbbdda0fc.pdf

Earnings Release

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Company Enefit Green AS
Type Company Release
Category Other corporate action
Disclosure time 10 Aug 2022 10:15:00 +0300

Currency

Title Enefit Green production data – July 2022

Enefit Green produced 68.7 GWh electricity during July 2022 or 18% more than in the same period last year. The result was driven by 20% higher wind energy and 16% higher solar energy production. The average recorded wind speed was 5.3 m/s and 5.8 m/s in Estonian and Lithuanian wind farms respectively (compared to average recorded wind speeds of 5.4 m/s and 4.8 m/s in both Estonian and Lithuanian wind farms in July 2021).

Heat energy production increased up 7% y-o-y to 26.1 GWh in July 2022.

Pellet production increased by 6% y-o-y to 14.5 thousand tonnes in July 2022.

July 2022 July 2021 Change, %

Electricity production by countries, GWh

Estonia 35,1 34,8 1%
Lithuania 4,1 4,0 4%
Latvia 26,8 17,0 58%
Poland 2,6 2,7 -3%
Total 68,7 58,4 18%
Electricity production by segment, GWh

Wind 55,2 46,2 20%

Cogeneration 9,2 8,5 7%

Finantsinspektsioon http://www.fi.ee

Solar 4,3 3,7 16%
Other 0,1 0,1 3%
Total 68,7 58,4 18%
Heat energy, GWh 26,1 24,4 7,0%
Pellets, th t 14,5 13,6 6%
Further information:
Kadri Korsten
Renewable Energy Communications Manager
[email protected] (mailto:[email protected])
https://enefitgreen.ee/en/investorile/

(https://www.globenewswire.com/Tracker?data=2hvtWZj2Sah7P5FHBmegLeIoMx1_pu7PK9v_

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Finantsinspektsioon http://www.fi.ee