The Far East and Arctic Development Corporation (FEDC) and “ENELT Arctic” LLC (100% subsidiary of the “ENELT Group” LLC) have entered into an agreement on investment activities in the Arctic zone of the Russian Federation. An agreement in principle on the implementation of investment projects in the field of modernization and construction of distributed generation facilities based on renewable energy sources in isolated and hard-to-reach areas of the Far East and the Arctic between FEDC and “ENELT Arctica” was reached on the sidelines of the VI Eastern Economic Forum-2022.