Vestas has secured an 86MW order with German developer CPC Germania for the Lakiakangas III project located in Isojoki in the South Ostrobothnia region of Finland.
The order includes the supply, installation and commissioning of 20 V150-4.2MW wind turbines in 4.3MW power optimised mode.
It also includes a 20-year active output management 5000 (AOM 5000) service agreement that Vestas says will ensure optimised performance and long-term business case certainty for CPC Germania.
Turbine delivery is expected to be completed by the second half of 2021.
CPC Germania CEO Markus Tacke said: “After the successful completion of Lakiakangas I and II projects, we are pleased to be working again with Vestas in the Lakiakangas III wind farm.
“With 20 Vestas V150-4.3 MW turbines, Lakiakangas III becomes our biggest wind farm in Finland so far and CPC adds another significant step to our long-term relationship with Vestas.
“We trust that Vestas has the technology, track-record and the local service organisation to make this project a success over the decades ahead.”
Vestas president for Northern & Central Europe Nils de Baar added: “We are pleased to have been awarded this project and thereby continue our successful collaboration with CPC Germania.
“Following our orders for the first two phases of the Lakiakangas project, this contract win is further proof for Vestas’ ability to support our customers in winning even the most competitive auction tenders and to assist Finland in its transition towards a clean energy system with limited cost to society.”
The Lakiakangas III order follows Vestas` contract wins for the Lakiakangas I and Lakiakangas II projects with CPC Germania. Both projects are already fully operational.
While Lakiakangas I generates revenue under the Finnish feed-in tariff, theLakiakangas II project is remunerated under the first Finnish PPA (power purchase agreement) with a third party – meaning it is realised without state subsidies.
With this deal, Vestas reinforces its presence in Finland’s wind market, where it has installed roughly 400 wind turbines with a total capacity of almost 1.2GW to date.