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Ørsted and Enefit have signed a memorandum of understanding (MoU) which outlines a vision for the development of offshore wind farms in the Baltic countries. In September 2020, the Latvian and Estonian governments signed a memorandum of understanding for a joint offshore wind farm, and, subject to a supportive regulatory framework for offshore wind being in place, it's Ørsted and Enefit's ambition to deliver this before 2030.
 
As part of the MoU, Ørsted and Enefit intend to establish a joint venture for the development of offshore wind opportunities in the Baltic countries, including the Liivi offshore wind project in the Estonian part of the Gulf of Riga.Furthermore, Ørsted has submitted an application for an area in Latvian waters next to the Liivi site. Through these sites, the partnership aims to pursue a cross-border hybrid solution, which will connect an offshore wind farm to both Latvia and Estonia and enable the utilisation of the offshore wind transmission cables as an interconnector between the two countries.
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