Helen, Bank of Aland buy 165 MW Kalistanneva wind project in Ostrobothnia

Helen, together with the Bank of Åland’s Wind Power Fund Non-UCITS, has acquired the 165 MW Kalistanneva onshore wind farm from the Valorem in Finland.

The wind farm, located near Kurikka in the region of Ostrobothnia, will host 30 wind turbines with a total installed capacity of 165 MW. It will supply the equivalent of the electricity consumption of 60,000 households each year.

The construction will start in April 2022 and the wind farm is estimated to be in full operation in January 2025. Helen is the majority shareholder of the project.