Enersense has signed an agreement on the construction of 330 kV LN531-LN447 electricity transmission line in Lithuania

Enersense International Plc
Press release, 3 December 2021 at 2:15 p.m.

Enersense UAB, Lithuanian subsidiary of Enersense International Plc, a provider of zero-emission energy solutions, and Empower AS, Estonian subsidiary of Enersense International Plc (both together referred below as to Enersense), have signed an agreement with a Lithuanian electricity transmission system operator Litgrid AB. The agreement provides for the construction of the 330 kV electricity transmission line LN531-LN447 in Lithuania by Enersense (hereinafter the Project).

Enersense has entered a co-operation with Lithuanian UAB Connecto Lietuva and the Estonian AS Connecto Eesti to implement the Project. The Project is delivered as turn-key and consists of preparations and planning, the dismantling of the existing electricity transmission line, and the construction of the new electricity transmission line with the length of 63 kilometers. The Project is expected to be completed by February 2025.

Margus Veensalu, EVP of Enersense's International Operations segment, believes Enersense strong expertise is a key factor in the implementation of the Project.

"Enersense has decades of experience in building power lines, and we are also involved in a similar project in Estonia. It is great that our expertise is valued, and we get to carry out demanding projects and act as a responsible partner for our customers," Veensalu says.

The modernization of the electricity transmission lines between LN531-LN447 is a key part of a larger undertaking, in which Baltic electricity systems will be connected to the Continental European Synchronous Area (CESA).

For more information, please contact:

Jussi Holopainen, CEO
Telephone: +358 44 517 4543
Email: jussi.holopainen@enersense.com

Margus Veensalu, EVP, International Operations
Telephone: +372 50 96 969
E-mail: margus.veensalu@enersense.com 

Media contacts:

Tommi Manninen, Senior Vice President, Communications and Public Affairs
Telephone: +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 listed on Nasdaq Helsinki (ESENSE). The company’s website for investors can be found at www.enersense.com/investors.