Graanul Invest

Founded in 2003, Graanul Invest is a renewable energy company headquartered in Ebavere, Estonia with approximately 201-500 employees specializing in Biomass.

Graanul Invest is a wood pellet and bioenergy producer founded in 2003 and headquartered in Estonia. The group operates 12 pellet plants (four in Estonia, six in Latvia, one in Lithuania and one in the United States) with an annual production capacity of 2.7 million tonnes, and five combined heat and power plants that supply heat and power to its pellet plants and feed renewable electricity into the grid. It produces industrial pellets, mainly exported for power and heat generation, and premium pellets for households, sold through online shops in Estonia, Latvia and Lithuania. Raw material is residual wood from the forestry and wood processing industries, traced through certified sustainable supply chains. The group is owned in part by Apollo, which acquired an 80% stake.