Finnish energy company Taaleri's SolarWind II fund and its co-investors have acquired 100% ownership of the Isoneva and Murtotuuli wind farms.
Renewable energy. Credit: hrui / Shutterstock
Credit: hrui / Shutterstock
Operating 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.
Both 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 building phase and technical and commercial management services during the operational phase.
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.
“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.
Taaleri Energia is a renewable energy developer and fund manager. With 40 professionals, Taaleri Energia has one of the largest dedicated wind and solar investment teams in Europe. The team is currently investing its fifth renewable energy fund, the Taaleri SolarWind II fund, and has a 2.8 GW wind and solar portfolio in Europe, the US, and the Middle East.
It is estimated that the fund will finance approximately 850 MW of renewable energy capacity, which will offset over 1 million tonnes of CO2 annually throughout the 25 -year lifetime of the assets.
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