Enefit Green

Regulatory Filings • Dec 22, 2022

Company	Enefit Green AS
Type	Company Release
Category	Other corporate action
Disclosure time	22 Dec 2022 15:30:00 +0200

Currency

Enefit Green has taken the final investment decisions on Sopi-Tootsi and Kelme I wind farms Title

Enefit Green has taken the final investment decisions on 255 MW Sopi-Tootsi wind farm in Estonia and 80 MW Kelme I wind farm in Lithuania.

These wind farms are part of Enefit Green's previously presented investment plan, which aims to quadruple its electricity production capacity to the level of 1,900 MW by the end of 2026.

Over next two years Enefit Green will invest nearly 450 million euros in these wind farms. Previous investments made into these projects total 77 million euros.

Enefit Green is currently building four wind farms and three solar parks in Lithuania, Estonia, Poland and Finland with a total capacity of 258 MW.

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 wind farms in Estonia and Lithuania, cogeneration plants in Estonia and Latvia, solar farms in Estonia and Poland, a pellet plant in Latvia and a hydroelectric plant in Estonia. In addition, the Company is developing several wind and solar farms in the mentioned countries and Finland. As of the end of 2021, the Company had a total installed electricity production capacity of 457 MW and a total installed heat production

Finantsinspektsioon http://www.fi.ee

capacity of 81 MW. During 2021, the Company produced 1,193 GWh of electricity and 618 GWh of heat.

Finantsinspektsioon http://www.fi.ee