Sumitomo backs out of 1GW Estonian offshore JV only months after signing deal

13 August, 2025

Offshore WindBreakingJVPermitting
Sumitomo Group, a Japanese business group, has ended its offshore wind partnership with Enefit Green, an Estonian renewable energy company, only 6 months after the deal was initially signed. A spokesperson for Enefit Green confirmed to inspiratia that Enefit will now assume total ownership of the project.

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