Eesti Energia AS Investment Decision of 32MW Solar Park in Estonia (3667N)
31 Maio 2022 - 3:52AM
UK Regulatory
TIDM96DB
RNS Number : 3667N
Eesti Energia AS
31 May 2022
Final Investment Decision of 32MW Solar Park in Estonia
Eesti Energia Group's renewable subsidiary Enefit Green has
taken final investment decision regarding a 32MW Purtse solar park
in Estonia. Total investment to the solar park is projected to
amount 19.5 million euros. Purtse solar farm is part of Estonia's
first large-scale hybrid wind and solar solution that uses the same
grid connection point as Group's 21MW Purtse wind farm, the
investment decision of which was made at the end of January 2022.
Once operational, the 32MW Purtse solar park is expected to produce
annually ca 32GWh of electricity, an equivalent of ca 10,000
average Estonian households. The project is expected to be
commissioned in Q2 2023 and it is part of Group's near-term project
pipeline to quadruple its renewable installed electricity
generation capacity to 1,900 MW by 2026.
Rasmus Noormägi
Head of Investor Relations and Treasury
Eesti Energia AS
Tel: +372 465 2885
rasmus.noormagi@energia.ee
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