October 31, 2024
Global Renewable News

OX2
OX2 purchases major wind power project from LähiTuuli

August 16, 2019

OX2, a leading Nordic developer within onshore wind power, has signed a purchase agreement with LähiTuuli for one of the largest wind power projects in Finland. The project rights acquired via the wind power project will allow OX2 to build a wind farm of 24 wind turbines in North Ostrobothnia, Finland.
 

The total capacity of the Metsälamminkangas project will be approximately 150 MW. Annual production will be equivalent to the electricity consumption of around 80,000 homes (5,000 kWh per household). The project will be based in Vaala, around 120 km southeast of Oulu.

"Metsälamminkangas is one of the largest wind power projects in Finland. It will strengthen our position as a leading wind power player in the Nordic countries," says Teemu Loikkanen, Regional Manager, Finland and the Baltics, at OX2. He continues, "We've already begun tenders with suppliers and started negotiations on a power purchase agreement and funding. Our aim is to be able to start construction next spring, meaning the turbines could be installed in summer 2021."

Read the full press release.

For more information

OX2

www.ox2.com/en


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