VSB Group to sell 190 MW Finish wind farms to Helen, Ålandsbanken Wind Power Fund

German renewables developer VSB Group has entered a deal with Finish utility Helen Ltd and Alandsbanken Wind Power Special Investment Fund for the sale of two wind farms with a combined capacity of 190 MW in Finland for an undisclosed amount. 

The projects involved are the 40 MW Juurakko wind farm in Kalajoki and the 150 MW Karahka wind farm in Oulainen in the North Ostrobothnia region. The Juurakko wind farm is currently under construction and is scheduled for completion before the end of 2022. The construction work at Karahka will start in autumn 2022 and the wind farm is scheduled for completion at the end of 2024. The two projects will have a combined total of 32 turbines. 

Once the deal is closed, Helen will become the majority shareholder of the wind farms.