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Enefit Green: acquisition of a wind farm project in the Gulf of Riga

Enefit Green buys the Gulf of Riga offshore wind farm project from Eesti Energia for 6.2 million euros. With a capacity of 1 GW, the park is undergoing environmental and technical assessment, strengthening Enefit Green's presence in the renewable energy sector.

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Enefit Green announces the acquisition of a wind power project in the Gulf of Riga. Indeed, the Baltic Sea region’s renewable energy producer recently announced the acquisition of the Liivi Offshore OÃœ offshore wind farm project in the Gulf of Riga from Eesti Energia AS. The transaction, valued at 6.2 million euros, demonstrates the company’s commitment toclean and sustainableenergy production.

Preliminary work underway in the Gulf of Riga for the development of wind power

The wind farm will have a capacity of 1 GW and preliminary work is currently underway for an environmental impact assessment, a preliminary engineering analysis of the wind farm and a special state plan for the construction of the grid connection.

Enefit Green, a strong presence in the renewable energy sector

In addition, with wind farms in Estonia and Lithuania, cogeneration plants in Estonia and Latvia and solar farms in Estonia and Poland. Also with a pellet plant in Latvia and a hydroelectric plant in Estonia, Enefit Green is developing several wind and solar farm projects in these same countries and in Finland. Finally, by the end of 2021, Enefit Green had a total installed electricity generation capacity of 457 MW and a total installed heat generation capacity of 81 MW.

In conclusion, this acquisition of a wind farm project in the Gulf of Riga strengthens Enefit Green’s presence in the renewable energy sector. In addition, it demonstrates its commitment to providing clean and sustainable energy production for the Baltic Sea region and beyond. In 2022, the company produced 1,118 GWh of electricity, 565 GWh of thermal energy and 154,000 tons of wood pellets, confirming its commitment to clean and sustainable energy.

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