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Enefit

AS Enefit

Riga, Latvia

SolarWindEnergy StoragePrivate
Founded 2005500-1000 employees

About

Founded in 2005, Enefit is a private headquartered in Riga, Latvia with approximately 500-1000 employees specializing in Solar, Wind, Energy Storage.

Enefit is a major Baltic electricity retailer and renewable energy provider, part of the Eesti Energia group. The company trades electricity on Nord Pool market and offers household and business clients flexible and fixed-rate tariffs, including seasonal and green electricity options. Enefit is the largest wind energy producer in the Baltics through its parent group. The company develops solar panel systems for residential and commercial customers, provides energy storage solutions (BESS), and operates the Enefit Volt public EV charging network with hundreds of stations across Latvia, Lithuania, and Estonia. Enefit also offers energy consultation, equipment insurance, and balancing market participation services for enterprises. The company doubled its household client base in 2022 and continues rapid expansion, with 2022 revenue of €290.6 million.

electricity tradingrenewable energysolarwindEV chargingenergy storagegreen electricity

Headquarters

Riga, Latvia

Founded

2005

Employees

500-1000

Company Type

Private

Annual Revenue

$500M-$1B

Business Models

B2BB2CIPP

Value Chain

TradingRetailDevelopmentConstructionO&MConsultingAsset Management

Service Regions

Baltic Region

Industry Memberships

Nord Pool

Products

Biržas tarifs (Dynamic tariff)

Fiksētais tarifs (Fixed tariff)

Sezonālais tarifs (Seasonal tariff)

Solar panel systems

Energy storage systems (BESS)

Enefit Volt EV charging network

Green electricity

Algo software

Projects

Rīga Plaza solar park

Enefit Green solar parks

Enefit Volt EV charging network

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