Enefit
AS Enefit
Riga, Latvia
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.
Headquarters
Riga, Latvia
Founded
2005
Employees
500-1000
Company Type
Private
Annual Revenue
$500M-$1B
Business Models
Value Chain
Service Regions
Baltic Region
Industry Memberships
Nord Pool