Enefit Green

Management Reports • Jan 8, 2025

Appointment of an advisor to implement changes in the operating and development portfolio

Having assessed the situation on its core markets, the fit of the company's
near-term development portfolio and the existing operating portfolio with the
current market situation, as well as financing opportunities, the Management
Board of Enefit Green has decided to look for opportunities to exit the Finnish
market and sell some non-strategic development projects provided the
availability of suitable offers.

In the further development of Enefit Green, the Management Board aims to focus
on larger wind and hybrid park projects in its core markets in the Baltics and
Poland.

In order to support these changes, Enefit Green has engaged the Norwegian
investment bank Arctic Securities AS to find potential buyers for the 72 MW
Tolpanvaara wind farm in Finland and partners for the construction of the 150 MW
Kelm? III wind farm in Lithuania.

Further information:
Sven Kunsing
Head of Finance Communication
[email protected]
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