The renewables arm of Estonian energy company Eesti Energia has closed the acquisition of the up to 100MW Tolpanvaara wind project in Finland.
Enefit Green acquired the project from state company Metsahallitus, which manages the Finnish state forest.
It marks Enefit Green’s first wind farm development in Finland.
The agreement between Enefit Green and Metsahallitus for acquisition of the Tolpanvaara wind farm development was entered into in 2018.
Enerfit Green chief executive Aavo Karmas (pictured, left) said: “The development of Tolpanvaara is a well-located ready-to-build project.
“In addition, our expansion in Finland is supported by a good local investment climate and a stable market situation.
“Within the framework of the Tolpanvaara project, we are open to cooperation with partners and large electricity consumers who are interested in concluding a long-term renewable electricity purchase agreement.”
Tolpanvaara wind farm will be located in a relatively remote place with good wind conditions, between forests belonging to Metsshallitus.
Up to 22 wind turbines will be installed in the farm, with a total capacity of up to 100MW.
Enefit Green’s Finnish subsidiary Tolpanvaara Wind Farm will own the facility.
Eesti Energia Group has been selling electricity to Finnish households since spring 2018 under the Enefit brand.
Enefit Green owns a total of 20 wind farms in four markets: Estonia, Latvia, Lithuania and Poland.