Renewable energy developer OX2 has completed and handed over the Lestijärvi wind farm to its owners Kymppivoima, Oulun Energia and Kuopion Energia, the company said, marking the delivery of Finland’s largest wind power project.
The 455.4-megawatt project comprises 69 turbines and is expected to generate more than 1.3 terawatt-hours of electricity annually, providing a significant source of renewable power to the Finnish grid.
OX2 said it will continue to manage the wind farm’s technical and financial operations under a long-term management arrangement.
“The completion of Finland’s largest wind farm marks a milestone not only for OX2 but for the country’s energy transition,” Matthias Taft, chief executive of OX2 AB, said in a statement.
“This EUR 650 million investment, owned by domestic stakeholders, strengthens Finland’s energy independence and creates long-term value for society,” Taft added.
Anders Renvall, chief executive of Kymppivoima, said the project would provide long-term renewable supply for its owners. “The Lestijärvi wind farm provides its owners with a significant source of renewable energy for the next 35 years and supports the energy transition in Finland with its production,” he said.
OX2 said it remains active in the Finnish market, with five additional wind projects currently under construction in the country, representing a combined capacity of about 750 MW.
