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Anniversary: Wpd Finland Oy Active on Wind Market in Finland For 15 Years

Bremen, Germany - Wpd AG founded Wpd Finland Oy 15 years ago and opened its first office in Finland in Espoo.

The project developer and operator of wind and solar farms was able to commission its first projects in Finland between 2015 and 2016. The Kannus Kuuronkallio project with 14 wind turbines was Wpd's first market-based investment in Finland. Here, a Power Purchase Agreement (PPA) with Google was already concluded in 2018. One year later, three PPAs had already been concluded with the paper manufacturer UPM, the trading company Kesko and the mining company Boliden, which led to the construction of the wind farms Karhunnevankangas with 33 WTGs and Nuolivaara with 17 WTGs. In total, wpd has realized onshore projects in Finland with a total capacity of 200 MW, has another 288 MW under construction and a project pipeline of more than 1,000 MW.

To accommodate its growing market presence in Finland, Wpd opened a second office in Finland in 2021 in Oulu in northern Finland. In the meantime, 25 employees are working on the expansion of the project pipeline in Finland and Wpd Finland Oy has developed into one of the leading project developers in the Northern European market for onshore wind energy. In addition to the locations in Finland, Wpd also has a branch in Sweden and thus has two important footholds in Northern Europe.

"Looking back, we have achieved a number of very good successes over the past 15 years. Finland has set an ambitious goal to become CO2-free by 2035. We have a good project pipeline to contribute significantly to achieving this goal," says Heikki Peltomaa, Managing Director of Wpd Finland Oy.



Source: IWR Online, Nov 11 2022