Enersense has signed a follow-up agreement regarding the maintenance of Enefit Connect’s electricity networks in Estonia
Enersense International Plc
Press release, 9 December 2021 at 10:30 a.m.
An Estonian subsidiary of Enersense International Plc, a creator of zero-emission energy solutions, Empower AS, which operates in the business area of International Operations, has signed a follow-up agreement with the Estonian network operator, Enefit Connect, regarding the maintenance of electricity networks. The agreement includes the maintenance of electricity distribution networks, troubleshooting and connecting solar parks in West Virumaa in Estonia to the electricity distribution network.
The work completed under the contract employs an estimated 30 people in total. The work will begin in January 2022 and will be carried out in cooperation with Arendus & Haldus OÜ, an Estonian company specialising in electrical installations. The total value of the contract is EUR 14.8 million, of which Enersense accounts for approximately EUR 7-8 million. The project is expected to be completed by the end of 2026.
”The agreement with Enefit Connect is important to us. Among other things, the project will strengthen our position in the Baltic market and support our vision of being a major implementor of a zero-emission society. Enefit Connect is a great customer for us in Estonia. It is a sign of our success that our cooperation continues in a strategically important project for us,” comments Margus Veensalu, EVP of Enersense’s International Operations segment.
More information:
Jussi Holopainen, CEO
Tel. +358 44 517 4543
Email: jussi.holopainen@enersense.com
Media contacts:
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 provider of zero-emission energy solutions. The company is strongly involved in supporting the ongoing energy transition and enabling a zero-emission society. The Enersense Group’s turnover in 2020 was around EUR 144 million. The pro forma turnover of the Enersense-Empower Group, which was consolidated in 2020, was around EUR 241 million in 2020. The company has around 2,000 employees, and it operates in Finland and internationally in around 40 countries. Enersense’s share is quoted on the Nasdaq Helsinki (ESENSE). The company provides information for investors at www.enersense.com/investors.