Eesti Energia and Ørsted to develop large-scale offshore wind in the Baltics

LONDON: On 22 April 2021, Eesti Energia, a leading utility and the largest wind energy company in the Baltics, signed a memorandum of understanding (MoU) with Ørsted, the global leader in offshore wind. The MoU outlines a vision for developing large-scale offshore wind in the Baltic countries, and to jointly move towards delivering the first…

Eesti Energia acquires renewable development company in Estonia

TALLINN, ESTONIA: Enefit Green AS, a fully owned subsidiary of Eesti Energia AS, signed an agreement to acquire the shares of an Estonian wind park developer Raunistal. The acquisition consideration payable is confidential according to the agreement between the seller and the buyer. With the acquisition Enefit Green will also acquire and complete the development…