Wind Energy – Partnership
Enefit Green has signed an agreement with Sumitomo Corporation to sell 50% stake of Liivi Offshore OÜ, a project company for Liivi Bay offshore wind project.
The start of this strategic partnership demonstrates a clear commitment to building the first offshore wind farm in the Gulf of Riga in the Baltic Sea, marking a significant step in advancing offshore wind energy development in the Baltic countries.
According to the agreement, obtaining approval from the Estonian Consumer Protection and Technical Regulatory Authority is a precondition for closing of the transaction.
