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Ingka Investments acquires 49% stake in three planned offshore wind projects
Official Press Release Ingka Investments:
Ingka Investments acquires 49% stake in three offshore wind development projects from OX2 in Finland, with a total capacity of up to 6,000 MW
Ingka Investments, the investment arm of Ingka Group, acquires a 49 percent share in three offshore wind development projects in Finland*. The projects have the potential to reach a total installed capacity of 6,000 MW. The acquisition price is EUR 30m.
The three wind power projects are near Halla, Laine and Trysky in the Gulf of Bothnia in the Baltic Sea and have the potential to produce up to 29 TWh/yr combined, once operational, corresponding to as much as one-third of all electricity consumed in Finland in 2022. "This cooperation is a further bold move in expanding our investment activities to address climate footprint reduction well beyond our own consumption and into our value chain. We are increasing our global investments and commitments in renewable... ... More: Official Press Release Ingka Investments
- Keywords:
- Ingka Investments, offshore, OX2, FInland, wind farm, capacity, stake, acquisition, Baltic Sea, carbon footprint reduction
