Enersense chosen as main contractor for Fingrid’s project where capacitors are added into substations

Enersense International Plc
Investor news 12 April 2023 at 11.45 a.m.

Enersense International, a provider of zero-emission energy solutions, has won a project in Fingrid’s public procurement tendering regarding adding capacitors into substations in order to improve transmission capacity.

The project will employ Enersense for approximately two years, and preparations for it will begin immediately. The value of the project is approximately EUR 6.6 million and it has been booked into Power business area’s first quarter 2023 order book.

The decision shall enter into force after the end of the appeal period under the Act on Public Procurement and Concession Contracts.

More information:
Joni Parkkinen, Vice President, Transmission Networks, Power
Tel: +358 50 537 5837
Email: joni.parkkinen@enersense.com

Media contact:
Tommi Manninen, SVP, Communications and Public Affairs
Tel. +358 40 043 7515
Email: tommi.manninen@enersense.com

Enersense in brief: 
Enersense International Plc is a creator of zero emission energy solutions and strongly supports the ongoing energy transition and enabling a zero-emission society. Enersense Group’s revenue in 2022 was EUR 268 million. The company has approximately 2,000 employees, with operations in Finland and internationally. Enersense’s shares are listed on Nasdaq Helsinki (ESENSE). The company’s investor pages can be found at www.enersense.com/investors.