Enefit Green stock: Enefit opens 167 MW in Lithuania

Enefit has opened two wind farms near Kelm? in Lithuania, adding 167 MW of renewable capacity after a 324 million euro investment. Trade with Estonia reported the development in October 2026. The projects are relevant to investors following Enefit Green, whose business is now presented within Enefit OÜ.

Wind capacity expands in Lithuania

The Kelm? I wind farm has already been generating electricity, while the newly commissioned Kelm? II adds 87 MW. Together, the two facilities are expected to produce around 530 GWh of electricity each year, according to the report.

The investment also includes a flexibility component. Enefit has announced plans for battery energy storage systems with capacities of 16 MW and 18 MW at the two sites, as well as more than 30 million euro of storage investment across its Lithuanian wind-farm portfolio.

Portfolio context for investors

Following the commissioning, Enefit operates nine wind farms in Lithuania with combined capacity of more than 400 MW. Management presented the combination of generation and storage as a way to respond more effectively to changes in production, demand and market conditions.

For investors, the development adds operating capacity and storage plans to Enefit's Baltic renewable portfolio. The investment may improve the strategic flexibility of the business, while its financial impact will depend on generation volumes, power prices, financing and project execution.

Investors can review the real-time quote of Enefit Green stock separately from this operational update.

For broader European market context, investors can follow the Euro Stoxx 50.

Further news and analyses on Enefit Green stock provide additional company context.