Eesti Energia AS Renewable Energy Final Investment Decisions (8612Z)

TIDM96DB

RNS Number : 8612Z

Eesti Energia AS

27 January 2022

Renewable Energy Final Investment Decisions

Eesti Energia Group's renewable subsidiary Enefit Green has taken final investment decision for the construction and commissioning of the 21MW Purtse wind park in Estonia and 6MW Debnik solar park in Poland. Total investment to the wind farm is projected to reach 28 million euros and to the solar park 4 million euros. Both projects are expected to be commissioned in 2023 and part of Enefit Green's previously communicated near-term project pipeline to more than double its installed electricity generation capacity to 1,100 MW by 2025 which is also part of Eesti Energia group strategy. In 2021 Eesti Energia took investment decisions for nearly 200MW of new renewable energy developments.

Rasmus Noormägi

Head of Investor Relations and Treasury

Eesti Energia AS

Tel: +372 465 2885

rasmus.noormagi@energia.ee

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