OX2 has acquired the project rights to a 475MW solar project in Huittinen, Finland, from the Finnish developer SAJM Holding.
The Huittinen solar farm, when operational, will be one of the largest power plants of its kind in Finland.
The project will be included as mid-stage in the OX2 project development portfolio for the second quarter 2023.
The Huittinen site is in development and the environmental impact assessment and necessary permits is to be submitted during 2023.
“Huittinen is an excellent addition to our solar project development portfolio, and the project shows that Finland is very well positioned to become a forerunner in large-scale solar power in Northern Europe,” said head of solar power, OX2 Finland and the Baltics Saku-Matti Mäki.
“Solar power has potential to make a considerable contribution to the emissions-free electricity in Finland.”
In addition to the Huittinen project, OX2’s project portfolio in Finland includes two solar power projects in Kauhajoki and Loimaa.