Japanese renewables firm Eurus Energy Holdings Corp announced today its has completed the acquisition of two wind farms in Finland, with a combined capacity of 27.5 MW.
Eurus purchased the plants from a joint venture between renewable energy investor Maas Capital Renewables, which is a subsidiary of Dutch state-owned financial institution ABN AMRO Bank NV, and wind energy developer YARD ENERGY.
Named Kankaanpaanmaki and Mustaisneva, the wind farms of 7.5 MW and 20 MW together use 11 L100-2.5 MW direct drive wind turbines by Dutch firm Lagerwey Wind BV with modular steel towers.
This deal marks Eurus’s first step into Finland, and extends the company's global renewable portfolio to 10 countries.
Currently, the Finnish government aims to increase the share of renewable energy to more than 50% by 2030, Eurus noted.