Acquisition of Solar Development Projects

Source: www.gulfoilandgas.com 9/21/2022, Location: Europe

Enefit Green AS signed an agreement to acquire 100% of Rääbiste Põllud OÜ, which owns two early-stage solar development projects in Pärnu County (Estonia) with a planned total capacity of up to 165 MW.

These projects will become part of Enefit Green's long-term development portfolio with the aim to reach final investment decision in 2024.

This transaction is not considered to be a transaction with a related party for the purposes of stock exchange rules, and the supervisory board and management board members of Enefit Green do not have personal interest in this transaction


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