Enefit Green signed an agreement to acquire Tootsi wind farm project
- Jul 26, 2022 2:35 pm GMT
On 26 July, Enefit Green signed an agreement to acquire Tootsi Windpark OÜ (Tootsi wind farm development project) from Eesti Energia. Tootsi and Sopi wind farms combined will form the largest wind energy production area in
The cost of the transaction on a cash- and debt-free basis is
Tootsi wind farm in Pärnu County with a planned production capacity of 74 megawatts is ready for construction. Required planning process has been completed, necessary permits have been obtained and connection to the power grid has been ensured.
Enefit Green's Sopi wind farm development with a planned capacity of 161 megawatts is also located in the same area.
Enefit Green will continue to prepare the final investment decisions for both projects in parallel and has announced a tender to find a construction company and wind turbine provider for the wind farm.
The two wind farms are expected to have an annual production volume of nearly 700 gigawatt-hours, covering the annual electricity consumption of more than 200,000 households.
According to Ulm, construction can begin after the final investment decision has been made. "We want to reach the construction phase with parks as soon as possible, because environmentally friendly and affordable green electricity is very much needed for the Estonian market. According to the plans, wind farms will start producing electricity at the end of 2024," Ulm said.
Enefit Green is one of the leading diversified renewable energy producers in the
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