Capitalica Capitalica Asset Management +370 612 90001 [email protected]

Enefit moves three group offices to “Capitalica’s” Verde complex

The modern Skanste business quarter is being filled even more with companies focused on sustainability – this is confirmed by the recently concluded long-term cooperation agreement between the Riga’s greenest office complex Verde and Enefit group, which is the largest wind energy producer in the Baltic states and second-largest electricity merchant in Latvia. The deal involves the lease of premises on two floors of the Verde A building – Enefit offices will be located on the 9th floor, and the first Enefit private and legal customer service center in Latvia will be located on the 1st floor.


What is especially significant, Enefit’s new office will be three times larger than it is now – over 900 m2 – and in the future, all three Enefit companies in Latvia will be centralized in Verde – Enefit, Enefit Connect and Enefit Green. This will improve the efficiency of the everyday work. Also, the company will continue working in a hybrid mode – there will be open office spaces, separated offices and a metropolis area. What is important, is that there will be separate rooms for meetings, discussions, brainstorms, also for recreation and informal conversations.


Krists Mertens, Enefit chairman of the board: “Our company is growing and developing swiftly, therefore, there was a need for larger office premises. The choice of the office premises in the new Verde complex is a logical step because a well-organized and comfortable environment is critically important for efficient work. The green energy and sustainable solutions are cornerstones of Enefit operations. Our task will be to ensure the provision of value-creating and smart energy solutions to Latvian businesses and households and be an ally on the way to sustainable and more environmentally-friendly management. In our opinion, the Verde office complex is a suitable environment because it meets our values and the needs of the modern work environment.”


Enefit is the second-largest electricity merchant in the corporate segment and the third-largest electricity merchant in a household segment in Latvia. Along with electricity sales, Enefit in Latvia develops and finances renewable energy and energy efficiency projects, as well as sells natural gas to a number of Latvia’s small and large companies. Enefit has been operating in Latvia since the liberalization of the power market for more than 16 years.


Iveta Lace, Verde commercial director: “We are truly satisfied that Verde will be green not only externally thanks to energy efficient architecture and rich greenery, but also internally – thanks to its tenants focusing on sustainability. This is reflected in our cooperation with Enefit, a subsidiary of the Baltic largest wind energy producer Eesti Energia. Significantly, this progressive and green-oriented company has become a tenant not only of our office premises but also the first tenant in the service area, which will result in the opening of the first Enefit customer service center in Latvia, where private and legal customers will be able to receive consultations in person – it will be located on the 1st floor of the Verde A building”.


Thanks to the swift development of the company, not only the client portfolio is growing, but also its team. At present, there are 70 professionals taking care of the needs of Enefit clients on a daily basis.


As reported, Verde is the first project implemented by Capitalica Asset management in Latvia, in which more than EUR 65 million will be invested. It is being built under the leadership of Notus Developers, a subsidiary of SBA Group. The project’s general contractor is LLC Velve, and the anchor tenant – Latvia’s leading real estate agency Colliers. Currently, other tenants in the office complex include such companies as Swisscom, Decta, KPMG Latvija, Swetch, Alppes Capital, Workland and Enefit.



For more information:

Andrius Barštys,

CEO of Capitalica Asset Management

[email protected]

+370 612 30260

Upės g. 21-1,  LT-08128 Vilnius, Lietuva

This site is registered on as a development site.