Wpd buys 83MW Finland wind project
German wind developer Wpd has bought the 83MW Tohkoja wind project on Finland’s west coast from Finnish energy provider Fortum.
The wind farm close to the municipality of Kalajoki will consist of 26 turbines and is slated to be built in individual construction phases between 2016 and 2017. It is close to Wpd’s other Finnish onshore projects of Jokela and Mäkikangas.
“The acquisition of the project Tohkoja is another important milestone for Wpd Europe in Finland and underlines our trust in Scandinavia as an important European wind power market,” says Helge Rau, head of M&A at Wpd.
Wpd through its Finnish subsidiary in Espoo, Wpd Finland, is developing more than 600MW in onshore and offshore wind in the Nordic country.
“After entering the market in 2007, today there are seven employees working at Wpd’s office in Espoo,” Rau says.
“Here the Finnish offshore activities of Wpd are managed as well, in particular the 400MW project Suurhiekka, which is the first project with a valid permit and ready to be built," says Rau.
No Finnish offshore project so far has entered the construction phase, however, due to a lack of sufficiently elevated government support.