Aquila Capital has acquired its first project in Finland, the 14.4MW Ykspihlaja wind farm near Kokkola, taking its renewable energy investment portfolio past the 1GW mark.

Ykspihlaja, which is the third project that Aquila has bought on a turnkey basis with Scandinavian developer OX2, is expected online in 2018.

Built around four Nordex N131/3600 turbines, the wind farm stands in a rich wind zone with average speeds of 7.7