Enefit Green AS 2021 AR2
The report outlines Enefit Green's performance and strategic progress in 2021, highlighted by its landmark initial public offering (IPO) on the Nasdaq Tallinn stock exchange, which raised 100 million euros in new equity. The company made four major investment decisions to construct new wind and solar farms, aiming to increase its renewable energy capacity 2.4 times by 2025. Despite lower wind energy production due to weaker wind conditions, operating income grew by 13% and EBITDA increased by 10% to 121.5 million euros. Enefit Green also advanced its digitalization efforts, generating an estimated 1.3 million euros of added value, and maintained high availability across its production assets.
Company: Enefit Green AS
Sector: Energy utilities
Country: Estonia
Year: 2021
Type: AR2
Pages: 169
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Enefit Green AS
Annual Report
The report outlines Enefit Green's performance and strategic progress in 2021, highlighted by its landmark initial public offering (IPO) on the Nasdaq Tallinn stock exchange, which raised 100 million euros in new equity. The company made four major investment decisions to construct new wind and solar farms, aiming to increase its renewable energy capacity 2.4 times by 2025. Despite lower wind energy production due to weaker wind conditions, operating income grew by 13% and EBITDA increased by 10% to 121.5 million euros. Enefit Green also advanced its digitalization efforts, generating an estimated 1.3 million euros of added value, and maintained high availability across its production assets.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees