Enersense has signed two follow-up agreements regarding the maintenance of Enefit Connect’s electricity networks in Estonia
Enersense International Plc
Press release 15 November 2022 at 10:15 a.m.
An Estonian subsidiary of Enersense International Plc, a provider of zero-emission energy solutions, Enersense AS, which operates in the business area of International Operations, has signed two follow-up agreements with Enefit Connect regarding the maintenance of electricity networks. Enefit Connect is a subsidiary of Eesti Energia that develops and manages various power networks, a high-speed internet network, a modern electric car charging network and a large part of Estonian street lighting. In addition, the company provides customers with energy solutions based on advanced technology. The agreements include the maintenance of electricity distribution networks, troubleshooting and connecting solar parks in Estonia’s Pärnu and Tartu-Jõgeva areas to the electricity distribution network.
The work completed under these contracts employs an estimated 50 people in total. The work will begin in January 2023 and will be carried out in cooperation with Clougrupp and Terasteenused, Estonian companies specialising in electrical installations. The total value of the contracts is EUR 10.1 million, of which Enersense accounts for approximately EUR 5-6 million. The contracts will expire by the end of 2025.
”The agreements with Enefit Connect are important to us. Among other things, these 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 revenue in 2021 was around EUR 239 million. 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.