OX2 Acquires Largest Wind Farm in Finland

Wind Industry Profile of

OX2, a leading Nordic developer in onshore wind power, and YIT, the largest construction company in Finland, have agreed on the purchase of Finland’s largest wind power project, located in Lestijärvi municipality in Central Ostrobothnia. In the now confirmed transaction, OX2 acquires the project rights for 72 wind turbines from YIT.

The total capacity of the Lestijärvi wind farm will be approximately 400 MW and the maximum total height of the turbines will be 240 metres. Construction of the wind farm is due to start within a year. The wind farm will be constructed without government subsidies. Once commissioned, the annual energy production of Lestijärvi wind farm will be approximately 1.4 TWh, which corresponds to approximately two per cent of the total electricity... ... More: Official Press Release OX2

Keywords:

OX2, YIT, Finland, developer, onshore, wind power, wind farm, MW, TWh, acquisition, construction, turbine