Ecolab Inc has signed a 10-year Power Purchase Agreement with Low Carbon that will support the construction and operation of the 29.5 MW Mörknässkogen wind project located in Vaasa, Finland.
The Mörknässkogen wind farm is scheduled to start operations by the end of 2023. It is expected to produce around 100 GWh annually, enough to fulfill the demand of over 29,000 homes and offset an estimated 20,900 tones. The project will supply power to all of Ecolab's European sites including 15 major offices, 26 manufacturing facilities, and seven RD&E centers.
Low Carbon had achieved financial close on the wind project and entered a route to market and balancing PPA with Axpo. The financing partner for the project is Kommunalkredit Austria AG, acting as the Sole Mandated Lead Arranger in the EUR24.8 million (US$26.78 million) senior financing facility.
Country updates
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April 19, 2022
Nordex to supply turbines for the 30 MW Mörknässkogen wind project in Vaasa
Nordex has received an order from Low Carbon for the 29.5 MW Mörknässkogen wind project in Vaasa, Finland. The order also includes a Premium Service contract for thirty years Nordex Group...
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April 12, 2022
Energiequelle starts construction of 40 MW Torvenkyla wind project in Oulu
Energiequelle GmbH has started the construction of the foundations for the wind turbines in the 40 MW Torvenkyla onshore wind farm located in Finland. The project is situated in the munici...
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April 11, 2022
Suomen Hyötytuuli Oy reaches final investment decision for 93 MW Oosinselkä wind farm in Satakunta
Suomen Hyötytuuli Oy has made an investment decision to build a 93 MW Oosinselkä wind farm in Pori and its neighboring municipality Eurajoki, both located in Satakunta, Western Finland. The...
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April 05, 2022
Statkraft signs 10-year PPA deal with ABO Wind for the 86.6 MW Pajuperänkangas wind project
Statkraft and ABO Wind have concluded a ten-year power purchase agreement (PPA) for the 86.6 MW Pajuperänkangas wind project in Finland. Statkraft has also received the rights to the Guarantees o...
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March 17, 2022
OX2 completes acquisition of 40 MW Salo-Ylikoski wind farm in Southern Ostrobothnia
Swedish renewables developer OX2 AB has completed the acquisition of the 40 MW wind farm located in Finland from Finnish developer Tuuliveikot Oy. The project is located in the munici...
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