Ilmatar Energy (Ilmatar) has secured EUR42 million (US$51.35 million) of senior debt commitments for two utility-scale onshore wind projects in Finland: Voimamylly (25.8MW) and Rasakangas (48.0MW). Ilmatar intends to retain ownership of both projects throughout their lifetime of 30–35 years.
The construction of Voimamylly, located in Humppila and Urjala, and Rasakangas, located in Kurikka, is underway, having begun at the beginning of 2021 and works are proceeding as planned. A total of 50 local workers will be employed during the construction period. Voimamylly’s and Rasakangas’ turbine foundations will be built during summer 2021 and turbines will be installed in the autumn.
The wind farms are expected to be connected to the grid and will start producing clean wind power in early 2022.
Country updates
-
-
May 18, 2021
Helen, Sponda sign PPA for 86 MW Lakiakangas III wind project in Isojoki
As a result of an agreement signed by the Finnish real estate asset management company Sponda and Helen, 100% of the electricity consumption of Sponda’s properties will be covered with emission-...
Read more -
May 14, 2021
Encavis closes acquisition of 21.5 MW wind project in North Ostrobothnia
Renewable energy developer Encavis AG has acquired the 21.5 MW Paltusmäki wind farm project located in Finland. The facility consists of five turbines and can generate up to ...
Read more -
May 10, 2021
Pohjolan Voima starts planning of 35 MW energy storage project in Finland
Pohjolan Voima Oyj has started the planning of electricity storage based on lithium-ion batteries. The goal is to build a 35 MW battery solution that could be commissioned in a couple of years’...
Read more -
May 06, 2021
Vestas to supply turbines for 404 MW Onshore wind farm in Finland
Vestas has been selected by Neoen to deliver a full EPC turnkey solution to the 404 MW Mutkalampi project in western Finland.
Read more -
May 04, 2021
Berenberg finances Energiequelle's 30 MW wind farm in Soini
The private bank Berenberg has partnered with international project developer Energiequelle GmbH for the construction of the Konttisuo wind farm project in Finland. Berenberg through its investment a...
Read more
