Statkraft signs PPA to power Finland's Wihuri with renewables
Sep 19, 2024 10:54 CESTFinnish energy firm Fortum Oyj (HEL:FORTUM) and its partner Helen Ltd today inaugurated the 380-MW Pjelax onshore wind farm in western Finland, touted as the third-largest facility of this type in the country.
The 56-turbine site is located in the areas of Narpes and Kristinestad and will now produce more than 1 TWh of clean electricity annually, an amount equivalent to 5% of Finland’s total wind power production, the company said in a statement.
Pjelax is a joint project of Fortum with a majority stake of 60% and Helsinki-based peer Helen, which owns the remaining 40%. The latter has also contracted around 50% of the wind farm’s output for its entire life cycle.
The list of contractors and partners involved in the project includes, among others, Suvic Oy and Simons Infra Oy, which were in charge of the infrastructure construction work and earthworks, and turbine supplier Nordex.
Fortum took the investment decision on the project in late 2021 in partnership with German energy group Uniper SE, in which it held a majority stake at the time, and Helen. Construction works started in January 2022.
Statkraft signs PPA to power Finland's Wihuri with renewables
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