Estonia holds the largest offshore wind pipeline, with several GW in early-stage development.
However, offtake remains uncertain as no support mechanisms are currently in place, and a support auction, originally planned in 2025, was cancelled and a potential relaunch is uncertain.
To reach Estonia’s target of 1 GW of offshore wind and with a potential re-launch of a support auction on the horizon the question is: Which financing options could help get the Estonian offshore wind market off the ground?

Join a presentation by Aegir Insights’ Principal – Regional Lead Europe Thomas Hwan Jensen at the upcoming Offshore Wind Conference in Kuressaare, Estonia on Wednesday, 18 March 2026, where he will be speaking on financing options for offshore wind in Estonia, highlighting different possible available support and financing schemes and how they would affect the projects’ WACC and LCoE.
Attending the conference as well?
Reach out to us here to meet up or learn more about the presentation.
Interested in recent developments across the Baltic countries?
Read Aegir Insights' latest update on the region here.
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