Borealis signs PPA for 380 MW Onshore wind farm in Finland
Borealis, one of the world’s leading providers of advanced and circular polyolefin solutions and Fortum, an energy company have signed a long-term Power Purchase Agreement (PPA) from two onshore wind farms to be built in Finland.
The two onshore wind parks are to be built approximately 400 km northwest of Borealis production operations in Porvoo. Together, the two parks, Pjelax-Böle and Kristinestad Norr will consist of 56 wind turbines with an annual power generation of approximately 1.1 terawatt-hours (TWh).
Fortum will own and operate the wind farms. The construction started in January this year and the commercial operation is expected to begin by the middle of 2024 at the latest. Borealis has secured around 10% of the total output of the two wind farms for an eight-year period. The over 800 GWh of renewable power supplied within the scope of this PPA is roughly equivalent to the average annual electricity consumption of 8000 Finnish households.
Country news
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