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Elering and Enefit Power Sign Agreement to Ensure Island Operation Capability
Elering and Enefit Power, a subsidiary of Eesti Energia, signed an agreement to ensure island operation capability following a public procurement process. Under the agreement, Enefit Power guarantees the controllable generation capacity required to maintain Estonia’s security of supply. Maintaining the necessary 1,036 megawatts of generation capacity will cost up to €59.5 million per year.…
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Eesti Energia to Consolidate Entire Electricity Business Under Subsidiary Enefit
Starting in 2026, Eesti Energia will consolidate all electricity-related business areas—including retail, renewable energy production, energy trading, and development—under its subsidiary Enefit. The move aims to strengthen the group’s competitiveness and improve management efficiency. The establishment of a strong electricity business entity is part of Eesti Energia’s broader initiative to optimize its corporate governance model.…
