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Lundin Petroleum seals PPA for 132-MW Finnish wind project

The Ponsivuori wind farm. Image by: OX2.

January 31 (Renewables Now) - Swedish renewables developer OX2 has secured an off-take contract that enables the construction of the 132-MW, zero-subsidy Metsalamminkangas wind farm in northern Finland.

Lundin Petroleum AB (STO:LUPE) is the off-taker under the newly-signed power purchase agreement (PPA), OX2 announced today.

“Alongside our existing hydroelectricity project in Norway, the Metsalamminkangas wind farm will enable us to replace a big share of our net electricity usage, powering our offshore Norway oil and gas production facilities,” said Alex Schneiter, president and CEO of Lundin Petroleum.

Metsalamminkangas will be the third largest wind farm in the country with its 24 turbines, to be installed in the municipality of Vaala, North Ostrobothnia. OX2 has chosen GE Renewable Energy’s 5.5-MW Cypress turbine model for this project. Suvic Oy will take responsibility for the construction work and internal electricity networks, while the VEO Group will deliver the transformer substation and Kajave Oy will handle the wind park’s grid connection.

Upon completion of the facility in December 2021, OX2 will be in charge of the technical and commercial management of the wind park, which is seen to produce some 400 GWh per year.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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