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Home›Business & Finance›Sumitomo Entering Estonian Offshore Wind Market with Liivi Bay Project Buy-In
Business & Finance

February 19, 2025 · about 1 year ago

Sumitomo Entering Estonian Offshore Wind Market with Liivi Bay Project Buy-In

Enefit Green has signed an agreement with Sumitomo Corporation to sell a 50 per cent stake in Liivi Offshore OÜ, the project company behind the Liivi Bay offshore wind farm, planned to be built in Estonia. Under the agreement, obtaining approval from the Estonian Consumer Protection and Technical Re

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Gennaker offshore wind farm

The applications that Eesti Energia, the initial project owner and developer, submitted to the government involve two projects comprising a total of 140 wind turbines with a nominal capacity of 20 MW per unit.

In the permitting process that started last year, the permitting procedures for Eesti Energia’s applications from 2021 were merged which, according to the authority, brings the potential capacity of the merged Liivi Bay offshore wind project to up to 2,010 MW.

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