K2 Management has been appointed as a technical advisor by Octopus Energy Investments, part of the Octopus Group, and Valorem to support the execution of two onshore wind projects totaling over 70 MW in Finland.
This appointment as Owner’s Engineer and Employers Representative follows a successful acquisition due diligence scope earlier this year.
The new scope of work includes, design review of civil, electrical and WTGs, quality management review, health and safety management review, factory inspections and audits, documentation review and specialist inspections of works, delivery, milestones and final inspection prior to takeover. Valrea, the construction subsidiary of Valorem, will oversee the project and construction management services.
The 33.6 MW Saunamaa and 37.8 MW Suolakangas wind farms will be utilizing eight and nine Vestas V150 4.2 MW turbines respectively. Both projects are expected to enter the construction phase in Q2 2019 with commissioning expected to be complete in late 2020
Country updates
-
-
May 09, 2019
Vestas to provide turbines for 71.4 MW wind projects of VALOREM, Octopus Energy Investments (OEI)
Vestas has received a 71 MW order from VALOREM, a major player in the French wind energy market, for the Saunamaa and Suolakangas wind projects located in southern Finland. VALOREM and Octopus En...
Read more -
May 09, 2019
Infranode and Mirova signs agreement to acquire 34% stake in Loiste
A consortium consisting of Infranode and Mirova has entered into an agreement to acquire a minority stake in the Finnish energy utility company Loiste from the municipalities of Kajaani and Sotkamo....
Read more -
April 17, 2019
EQT closes fourth Infrastructure fund at EUR 9 billion
EQT Infrastructure IV held its first and final close at its hard cap of EUR 9 billion on March 12, 2019, after officially launching in September 2018. Demand from both existing and new investors was s...
Read more -
February 21, 2019
Luxcara invests in 100 MW wind project in Finland
Luxcara has acquired the Finnish wind power project Välikangas, which has a projected capacity of 100 MW. The produced electricity will be sold to an off-taker on the basis of a power purchase ag...
Read more -
February 18, 2019
81 MW wind project in Finland achieves financial close
Neoen has announced the signature of financing for Hedet, an 81 MW wind farm in Finland, in which it will hold an 80% stake, alongside Prokon Finland which will hold the remaining 20%. KfW Ipex and SE...
Read more
