Danel Freiberg
Head of Investor Relations and Treasury
Phone: +372 465 2887
[email protected]
All the necessary information for the investor
Upcoming important dates2 November 202328 February 20242 May 2024Credit ratings and analyses |
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As of 31 December 2022, Eesti Energia's debt obligations amounted to 1050 million euros and net debt to EBITDA ratio stood at 1.8x (with adjusted EBITDA at 2.3x). The debt obligations of Eesti Energia included Eurobonds in the amount of 500 million euros with maturity in September 2023, loans received from the European Investment Bank in nominal value of 55 million euros, from NIB in nominal value of 80 million euros, from EBRD in nominal value of 7 million euros and loans from commercial banks in the amount of 408 million euros. From group's debt obligations 275 million euros belong to Eesti Energia's renewable subsidiary Enefit Green AS.
The liquidity buffer for the group includes liquid financial assets and undrawn loan facilities. As of 31 December 2022, the amount of undrawn loans amounted to 495 million euros. From this amount loans signed by the parent company Eesti Energia AS amount to 445 million euros, which include two long term loan agreements with the European Investment Bank in a total amount of 245 million euros and revolving credit facilities with commercial banks in the amount of 200 million euros (expiry dates from September 2023 until September 2025). Subsidiary's Enefit Green undisbursed loans amounted to 50 million euros as of 31 December 2022. More information can be found in the 2022 annual report. In February 2023, the Group's parent raised a sustainability linked loan of 600 million euros with a term of 5 years and a variable interest rate to finance the repurchase of bonds which mature in September 2023 and investments in the Group's carbon neutrality strategy.
Since 21 October 2021, Eesti Energia's renewable subsidiary Enefit Green AS is listed on the Nasdaq Tallinn Stock Exchange. More information on Enefit Green's investor website.
* As of 31 December 2022
1st quarter interim report(PDF) »
Presentation of the results (PDF) »
Presentation of the results (PDF) »
01.07 - 30.09
3rd quarter interim report (PDF) »
Presentation of the results (PDF) »
Presentation of the results (PDF) »
Conference call recording (m4a) »
01.07 - 30.09
Presentation of the results (PDF) »
Conference call recording (mp3) »
01.04 - 30.06
Presentation of the results (PDF) »
Conference call recording (mp3) »
Presentation of the results (PDF) »
Conference call recording (mp3) »
01.07 - 30.09
Presentation of the results (PDF) »
Conference call recording (mp3) »
01.04 - 30.06
Presentation of the results (PDF) »
Conference call recording (mp3) »
Presentation of the results (PDF) »
Conference call recording (mp3) »
01.07 - 30.09
Presentation of the results (PDF) »
Conference call recording (mp3) »
01.04 - 30.06
Presentation of the results (PDF) »
Conference call recording (mp3) »
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For more information on how we progressed towards our ambition last year, see the Annual Report for more details