Investor news, Press release|12.2.2024

Enersense has signed follow-up agreement regarding the maintenance of Elektrilevi electricity networks in Estonia

Enersense International Plc
Investor news 12 February 2024 at 10:45 a.m.

Enersense, a provider of zero-emission energy solutions, has signed a follow-up agreement with the Estonian network operator, Elektrilevi, regarding the maintenance of electricity networks. The total value of the contract for Enersense is approximately EUR 8 million. The order will be recognised in the order backlog of Enersense’s Power business area for the first quarter of 2024.

The agreement includes the maintenance of electricity distribution networks, troubleshooting and connecting solar parks in Estonia’s West-Harju areas to the electricity distribution network. The work completed under these contracts employs an estimated 50 people in total. The work will begin in March 2024 and will be carried out in cooperation with E-Service, Estonian company specializing in electrical installations. The contract will expire by the end of the first quarter of 2026.

”The agreements with Elektrilevi 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. Elektrilevi 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 Juha Silvola, EVP of Enersense’s Power segment.

More information:

Juha Silvola, EVP, Power
Tel. +358 40763 1599

Media contacts:

Tommi Manninen, SVP, Communications and Public Affairs
Tel. +358 40 043 7515

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