REG - Eesti Energia AS - Entry into the Polish renewable energy market

GeoAnnouncement

19/06/2019 09:30

RNS Number : 6606C
Eesti Energia AS
19 June 2019
 


Enefit Green, a fully owned subsidiary of Eesti Energia, signs share purchase agreement to acquire solar parks in Poland.
 
On 18 June 2019 Enefit Green AS, a fully owned subsidiary of Eesti Energia AS, signed an agreement to acquire 20 solar park projects in Poland from GEO Group's subsidiaries. The total capacity of the solar power plants to be acquired is 19.15MW. Enefit Green's investment amounts to 17.3 million euros. The acquisition is part of Eesti Energia's strategy to increase the renewable energy production portfolio in the Baltic Sea region.
 
Rasmus Noormägi
Head of Investor Relations and Treasury
Eesti Energia AS
Tel +372 465 2885
rasmus.noormagi@energia.ee
 
 




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