Press release|2.5.2022

Enersense looks into building its own solar power plant in Pori’s Mäntyluoto

Enersense International Plc
Press release 2 May 2022 at 12:20 p.m.

Enersense International Plc, a provider of zero-emission energy solutions, is planning on building a 20 MW solar power plant in Mäntyluoto in Pori. A study of the project is currently underway, and an investment decision will be made later. The size of the investment is 10-12 million euros.

The solar power plant would come on the same plot where Enersense Offshore Oy, specialised in offshore wind power, already operates.

“This is one of Finland's largest solar power projects to date. Another great thing about the Mäntyluoto project is that in the future we would be able to produce emission-free energy ourselves to meet Enersense Offshore's requirements,” says Jussi Holopainen, President and CEO.

Enersense Offshore Oy leases the shipyard area in Mäntyluoto, a total of 110 hectares including land and sea areas, from Suisto Kiinteistöt Oy, a company wholly owned by the municipality of Pori. The solar power plant is calculated to require a land area of around 28 hectares.

“Enersense sees good potential for growth in solar power and we have organized our own operations by setting up a solar power unit to be able to meet the growing demand in the best way possible. Solar power supports Enersense's wide range of zero-emission energy services very well,” says Juha Silvola, EVP of Power business area.

Capital Markets Day on 3 May

You are welcome to hear more about the subject at the Capital Markets Day for shareholders, investors, analysts and bank and media representatives held on 3 May 2022 from 1 to 4 pm. The event can be followed live via webcast:
https://enersense.videosync.fi/2022-cmd.

Based on the current estimate, max. 40 people can attend the event in the centre of Helsinki, at Sanomatalo’s Studio Eliel. Seats for analysts, institutional investors and media representatives will be filled in the order of registration. Please send your registration for the event to:
tommi.manninen@enersense.com.

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