Vestas feasts contract for 404-MW Neoen project in Finland

Vestas Wind Systems A/S (CPH:VWS) confirmed that it has been awarded a turnkey engineering, procurement and construction (EPC) contract for the 404-MW Mutkalampi wind farm in Finland.

Nearly a month ago, Neoen (EPA:NEOEN) announced financial close for the project and said Vestas would serve as the EPC contractor and turbine supplier for the park. The Danish wind turbine manufacturer today said it will deliver 69 turbines from its EnVentus platform -- six V150-4.2 MW units in a 4.3 MW operating mode and 63 pieces of V162-6.0 MW turbines from its EnVentus stable. The contract also includes a 25-year Active Output Management 5000 (AOM 5000) service agreement.

With this order, Vestas reaches roughly 1.2 GW of EnVentus platform orders from Finland.

The Mutkalampi wind farm will be installed in western Finland’s Central and Northern Ostrobothnia regions. Internet giant Google will buy the output from 125 MW of capacity at the park under a 10-year power purchase agreement (PPA) signed in 2019, while a Dutch tie-up between brewer Heineken, technology giant Philips, lighting maker Signify NV and chemicals group Nobian has contracted 126 MW, also for 10 years.

The wind complex is to become fully operational in the third quarter of 2023, Neoen said in April.

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