The construction works on both wind farms started in April 2021. With a total of 42 Vestas V162-6.0 MW turbines, the wind farms will have a combined installed capacity of 252 MW and the combined annual production of electricity will be approximately 675 GWh. The wind farms will together produce enough electricity to supply around 74,500 households and will offset the equivalent of 205,000 tonnes of carbon dioxide during each year of operation. The wind farms are expected to be fully operational in the fourth quarter of 2022.
The Isoneva wind farm was developed by Taaleri Energia and Intercon Energy whilst the Murtotuuli wind farm was developed in-house by the Taaleri Group. Taaleri Energia Operations will provide Engineering, Procurement and Construction Management services during the construction phase and Technical and Commercial Management services in the operational phase. Taaleri Energia’s technical team will be responsible for data monitoring and analytics of the wind farms’ production and Vestas will be responsible for maintaining the turbines under a 35-year contract.
Both wind farms have entered into 15-year power purchase agreements to sell a substantial portion of the electricity they produce to Suomen Voima, a Finnish energy company that provides low-emissions, renewable electricity to its customers. The balance of plant contractor for both wind farms is Infra Builders. ING and SEB have been mandated to arrange project financing for these investments.
“These two Finnish wind investments are an excellent addition to the Taaleri SolarWind II fund’s Nordic portfolio. They are fully commercial, subsidy free, utilise the very latest wind turbine technology and demonstrate the value of our in-house project development, construction, technical and commercial management capabilities”, said Taaleri Energia’s Managing Director, Kai Rintala.
