Enefit Wind UAB

Enefit Wind UAB is a Lithuanian renewable energy company associated with the Enefit Green/Eesti Energia group, focusing on the development, construction, and operation of onshore wind power projects in Lithuania. The company is part of the wider Enefit Green portfolio across the Baltic region and operates within Lithuania’s fast-growing wind energy sector.

Company Overview

Name: Enefit Wind UAB
Legal form: Uždaroji akcinė bendrovė (UAB)
Industry sector: Renewable energy (onshore wind power development and operation)
Headquarters: Vilnius, Lithuania (registered office in Vilnius; exact address details are listed under Legal Information if available)
Founding date: Not publicly disclosed in reliable open sources; the entity operates as part of Enefit Green’s Lithuanian portfolio established following Enefit Green’s regional expansion and the acquisition/integration of Nelja Energia assets in 2018.

Legal Information

Įmonės kodas (Company code): Not publicly available in open, verifiable sources at the time of writing.
PVM kodas (VAT code): Not publicly available in open, verifiable sources at the time of writing.
Registered office address: Not publicly available in open, verifiable sources at the time of writing; Enefit Wind UAB is registered in Vilnius, Lithuania.
Phone number (registered office): Not publicly available in open, verifiable sources at the time of writing.
Official website: The company operates under the Enefit/Enefit Green group umbrella. Group websites: enefitgreen.ee (Enefit Green AS) and enefit.lt (Enefit’s Lithuanian energy services portal). A dedicated website specific to Enefit Wind UAB is not identified in public sources.
Email address: Not publicly available in open, verifiable sources at the time of writing.

Note: For the most accurate legal and contact data (įmonės kodas, PVM kodas, registered address, phone), consult Lithuania’s Juridinių asmenų registras (Registrų centras) and the VIES VAT database, or authoritative Lithuanian business directories (e.g., Rekvizitai.lt).

Business Operations

Main products/services:
- Development, construction, and operation of onshore wind farms in Lithuania.
- Electricity generation from wind and sale to the market (Nord Pool) and via corporate Power Purchase Agreements (PPAs).
- Project development, permitting, grid connection coordination, and asset management.

Business model:
Enefit Wind UAB functions as a project developer and operator. Revenue is primarily derived from the sale of electricity generated by wind assets into wholesale markets and through PPAs with corporate customers. As part of the Enefit Green group, the company leverages centralized procurement, financing, and risk management, while undertaking project-specific SPVs and local operating entities typical in the wind sector.

Market position:
The company is part of one of the leading renewable energy groups in the Baltic region. In Lithuania, Enefit Wind UAB is among the notable utility-scale wind developers/operators, competing with other large regional and international renewable energy companies.

History

- Pre-2018: Lithuania’s onshore wind sector grew through independent developers and regional companies, including Nelja Energia, which had assets across the Baltics.
- 2018: Enefit Green (the renewable arm of Eesti Energia AS) acquired/integrated Nelja Energia, consolidating Baltic wind assets and development pipelines under the Enefit Green umbrella. Lithuanian operational and development entities, including Enefit Wind UAB, were organized within this framework.
- 2021–2024: Enefit Green announced and executed multiple investment decisions for new wind farms in Lithuania (notably projects commonly referenced as Šilalė II and Akmenė in public communications), indicating an expansion of the Lithuanian portfolio and the scaling of corporate PPAs and merchant market sales.

Financial Information

Revenue and financials:
Subsidiary-level (Enefit Wind UAB) audited financial statements are not publicly available in open sources. As a private Lithuanian UAB within the Enefit Green group, financial reporting is typically consolidated at the group level.

Ownership structure:
Enefit Wind UAB is a Lithuanian subsidiary within the Enefit Green AS group. Enefit Green AS is listed on Nasdaq Tallinn and is majority-owned by Eesti Energia AS (Estonia’s state-owned energy company), with the remainder being free float among public investors.
Funding: Project financing and capital expenditures for wind developments are typically arranged by Enefit Green at group level, combining equity capital (including IPO proceeds) and debt financing. Specific funding rounds for Enefit Wind UAB are not publicly disclosed.

Leadership and Management

Vadovai (executives):
Subsidiary-level executive names and positions (pareigos) for Enefit Wind UAB are not publicly listed in reliable open sources at the time of writing. Governance and strategic oversight are provided by Enefit Green AS’s management and supervisory bodies.

Group-level context:
Enefit Green AS (parent company) leadership includes a Management Board and Supervisory Board that oversee operations across Estonia, Latvia, Lithuania, and Poland. The Lithuanian subsidiary’s board and management are appointed by the parent company. For latest, authoritative executive names and roles, consult Enefit Green AS’s official disclosures and Nasdaq Tallinn issuer pages.

Office Locations

Registered office: Vilnius, Lithuania (exact address not publicly available in open sources).
Other offices: No additional Lithuanian office locations are publicly confirmed for Enefit Wind UAB.
Phone numbers (by location): Not publicly available.

Note: Wind farm sites (e.g., commonly referenced project areas such as Šilalė district and Akmenė district) are operational locations, not public-facing offices.

Market Position

Competitors in Lithuania:
- Ignitis Renewables (Ignitis Group)
- RWE Renewables (international developer)
- Green Genius (Modus Group)
- Eolus LT (Eolus Vind AB)
- Other regional/IPPs and project developers operating in Lithuania’s onshore wind segment

Competitive advantages:
- Backing of Enefit Green/Eesti Energia group with established Baltic regional footprint.
- Integrated project development, financing, and procurement capabilities.
- Experience with merchant market participation and corporate PPAs.
- Portfolio diversification across multiple Baltic countries and technologies.

Market share:
Specific, current market share figures for Enefit Wind UAB are not publicly available. The company is nevertheless recognized as a notable participant in Lithuania’s utility-scale wind sector.

Recent Developments

- Continued construction and commissioning activity associated with Lithuanian wind projects referenced in public communications as Šilalė II and Akmenė, contributing to Lithuania’s renewable generation capacity expansion.
- Activity around long-term corporate power purchase agreements (PPAs) aligned with Enefit Green’s broader strategy to stabilize revenues and support corporate decarbonization in the Baltics.
- Ongoing integration and optimization of legacy assets from the Nelja Energia acquisition under Enefit Green’s operational standards.

Note: Project names, MW capacities, and commissioning dates are reported in Enefit Green’s public disclosures; for the most accurate, up-to-date figures, see the sources below.

Contact Information

Company (Enefit Wind UAB):
- Registered office address: not publicly available in reliable open sources.
- Phone: not publicly available.
- Email: not publicly available.
- Website: no dedicated website identified; group sites enefitgreen.ee (Enefit Green) and enefit.lt (Enefit in Lithuania) provide relevant information on operations and contacts.

Parent/Group contacts (for reference):
- Enefit Green AS website: enefitgreen.ee
- Enefit (Lithuania) website: enefit.lt

Sources and References

- Enefit Green AS official website and publications: enefitgreen.ee
- Enefit (Lithuania) website: enefit.lt
- Nasdaq Tallinn issuer information for Enefit Green AS (listing, ownership, disclosures): nasdaqbaltic.com
- Lithuanian business registry and directories for legal data: Registrų centras (rc.lt), Rekvizitai.lt (rekvizitai.lt)
- EU VIES VAT number validation: ec.europa.eu/taxation_customs/vies
- Enefit Green annual reports, investor presentations, and press releases regarding Lithuanian wind projects (Šilalė II, Akmenė): available via enefitgreen.ee and Nasdaq Tallinn disclosures.

Disclaimer: This profile compiles information available from reputable public sources. Certain Lithuanian subsidiary-specific legal identifiers (įmonės kodas, PVM kodas), precise registered address, and phone/email details could not be verified in open sources at the time of writing. For legally exact and current data, consult Lithuania’s Juridinių asmenų registras (Registrų centras) and official company filings.