OX2 acquires wind power project in Finland

15 Feb 2021

Nordic onshore wind power developer OX2 has acquired a 400MW wind power project in Finland from construction company YIT.

Located in Lestijärvi municipality in Central Ostrobothnia, the project will include 72 wind turbines with a maximum total height of 240m. Construction on the wind farm is expected to begin within a year. It will be developed without government subsidies.

On commissioning, the Lestijärvi wind farm will have the annual energy production of around 1.4TWh, accounting for around 2% of the total electricity production in the country. OX2 stated that the plans and building permits for the project are legally in force.

The project will also consist of the construction of a new electricity substation and 55km of 400kV power line for electricity transmission. The company currently has more than 340MW of wind power under construction in Finland.

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