Brief: Neoen And Prokon To Build Two Wind Farms In Finland

Neoen SA

22/05/2023 17:07

May 22 (Reuters) - Neoen SA  NEOEN.PA :
    * NEOEN AND PROKON LAUNCH CONSTRUCTION OF TWO WIND FARMS IN
FINLAND TOTALLING 161.2 MW
    * CONSTRUCTION OF NEOEN AND PROKON’S STORBÖTET (105.4 MW)
AND
LUMIVAARA (55.8 MW) WIND FARMS IN FINLAND HAS BEGUN
    * THE TWO WIND FARMS WILL BE OPERATIONAL IN 2025
    * THEY ARE BOTH UNDERPINNED BY 10-YEAR POWER PURCHASE
AGREEMENTS
(PPAS) WITH EQUINIX, COVERING 60% OF THE ENERGY GENERATED BY
STORBÖTET AND 80% OF THE ENERGY GENERATED BY LUMIVAARA
    * THE STORBÖTET WIND FARM IS LOCATED IN THE MUNICIPALITY OF
UUSIKAARLEPYY, IN THE REGION OF  OSTROBOTHNIA, AND WILL COMPRISE
17 VESTAS WIND TURBINES WITH A TOTAL CAPACITY OF 105.4 MW
(COMPARED TO THE 95 MW ORIGINALLY PLANNED)
    * THE LUMIVAARA WIND FARM IS LOCATED IN THE MUNICIPALITY OF
HYRYNSALMI, IN THE REGION OF KAINUU. IT WILL  COMPRISE 9 VESTAS
WIND TURBINES, WITH A TOTAL CAPACITY OF 55.8 MW (COMPARED TO THE
53 MW ORIGINALLY  PLANNED)
    * NEOEN HOLDS 80% OF THE SHARES IN EACH PARK, WITH THE
REMAINING
20% BELONGING TO PROKON

Further company coverage:  NEOEN.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))