IKEA to finance and acquire 4 Finnish wind projects
Swedish wind power developer OX2 will build four onshore wind farms in Finland without subsidies. Ikea would finance the construction and acquire the farms once they are fully operational in 2020.
The subsidy-free wind power projects in the Nordic region will have a total capacity of 107 MW and an annual output of 360 GWh. The facilities are located in Ostrobothnia in Långmossa and Ribäcken, in Southern Ostrobothnia in Ponsivuori and in Southwest Finland in Verhonkulma.
Dittmar & Indrenius will advise IKEA Oy on the Finnish law aspects of its investment.
Country updates
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October 15, 2018
Prime Capital closes acquisition of 23.1 MW wind project in Finland
Prime Capital has announced that it has closed its third transaction in onshore wind in Finland. The project is located in the municipalities of Posio and Kuusamo and consists of 7 Vestas V1...
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October 11, 2018
ABO Wind announces sale of 50 MW pre-construction wind project in Finland
ABO Wind has announced that it has completed the sale of a fully developed wind project located in Polusjärvi, in the Northern Ostrobothnia region of Finland, to Suomen Hyötyt...
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October 08, 2018
OX2 to manage 23 MW wind farm in Finland for Prime Capital
OX2 has announced that it has signed an agreement with Prime Capital for the technical and commercial management of an operating wind farm with just over 23 MW capacity, located in northern Finland.&n...
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October 04, 2018
Nordex to supply 81 MW wind farm in Finland
In September, the Nordex Group has received an order from the project company Hedet Vindpark Ab, jointly owned by French developer Neoen and German developer Prokon, for the installation of the...
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September 28, 2018
wpd awards Vestas supply contract for 59 MW wind project in Finland
Vestas has announced that it has secured a 59 MW order for 14 V150-4.2 MW turbines with long-term customer wpd for the Kuuronkallio project located near Kannus in the Kalajoki region on the west coast...
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