Wind Power Abroad

The aim of Vardar Eurus AS is to develop, invest, own and operate plants for the production of renewable energy in the Baltic States and in Northwest Russia. All investments are made through the Estonian subsidiary Nelja Energia, where Vardar Eurus has an ownership interest of 77 per cent.
Due to the lack of a regulatory framework, no investments have yet been made in Northwest Russia.


Organisation chart for Wind Power Abroad

VARDAR AS
90%
Vardar Eurus AS
77%
Nelja Energia AS


Nelja Energia AS
The main areas of business of Nelja Energia AS are the development of renewable energy industry and the operation of power production. Nelja (Estonian word for four) refers to focus on four renewable energy sources - wind, water, biomass and solar. The Group has following structure:

Nelja Energia
Nelja Energia has by the end of 2016 a market share of almost 40% of the renewable energy production from wind in the Baltic market.


Nelja Energia's wind power portfolio - development of installed power capacity, MW:
Graf Nelja Energia vindkraftportefųlje - utvikling i installert effekt

Overview of the various wind power projects:

Wind farm Company Country Status Capacity (MW)
Virtsu I Hanila Tuulepargid OÜ Estonia In operation since 2002 1.2
Virtsu II Hanila Tuulepargid OÜ Estonia In operation since 2008 6.9
Virtsu III Hanila Tuulepargid OÜ Estonia In operation since 2010 6.9
Esivere Hanila Tuulepargid OÜ Estonia In operation since 2005 8.0
Tooma I Hanila Tuulepargid OÜ Estonia In operation since 2010 16.0
Tooma II Hanila Tuulepargid OÜ Estonia In operation since 2017 7.0
Viru-Nigula VV Tuulepargid OÜ Estonia In operation since 2007 21.0
Vanaküla VV Tuulepargid OÜ Estonia In operation since 2009 9.0
Pakri Pakri Tuulepargid OÜ Estonia In operation since 2005 18.4
Paldiski Pakri Tuulepargid OÜ Estonia In operation since 2012 22.5
Aseriaru Aseriaru Tuulepark OÜ Estonia In operation since 2011 24.0
Ojaküla Oceanside OÜ Estonia In operation since 2013 6.9
Mockiai Inverneta UAB Lithuania In operation since 2010 12.0
Sudenai Sudenu vejo
Elektra UAB
Lithuania In operation since 2008 14.0
Šilale Silales vejo
Elektra UAB
Lithuania In operation since 2012 13.8
Ciuteliai Naujoji Energija UAB Lithuania In operation since 2012 39.1
Šilute Šilutes vejo projektai UAB Lithuania In operation since 2016 60.0
      Total in operation onshore 286.7
Šilute II, III and IV UAB Šilutės
vėjo parkas 2
Lithuania Under development 120.0
Akmene UAB Vejo Parkai Lithuania Under development 63.0
Kelme UAB Energijos ˇara Lithuania Under development 60.0
Šilale II Silale vejas UAB Lithuania Under development 50.0
Dundaga Enercom SIA Latvia Under development 50.0
      Total under development onshore 343.0
Lithuanian offshore Baltic Energy
Group UAB
Lithuania Under development 400.0
Hiiumaa offshore OÜ Hiiumaa Offshore Tuulepark Estonia Under development 700.0
      Total under development offshore 1100.0
      TOTAL 1729.7
BIOGAS PLANTS    
Biogas plants OÜ 4E Biofond Estonia In operation since 2013  
         
CHP SIA Technological Solutions Latvia In operation since 2016  
Wood pellet production SIA Pellet 4Energia Latvia In operation since 2016