Aneo has acquired the Kokkoneva wind farm in Finland, marking a strategic expansion into the Nordic renewable energy market.
Information on the Target
Aneo, established in 2022, is Norway's second-largest wind power operator. The company was formed through a partnership between TrønderEnergi and HitecVision, with clear ambitions to become a prominent player in the Nordic renewable energy sector. Following the acquisition of two wind farms in Sweden earlier this year, Aneo has now set its sights on Finland with the purchase of the Kokkoneva wind farm. This marks a significant milestone in the company's strategic expansion in the region.
The Kokkoneva wind farm, acquired from Greencoat Renewables PLC, consists of nine turbines with an aggregated capacity of 43.2 MW, generating approximately 129 GWh of electricity annually. This output is sufficient to power approximately 13,000 Finnish households, highlighting Aneo's commitment to increasing renewable energy generation in the region.
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Industry Overview in Finland
The Finnish renewable energy sector is experiencing substantial growth, driven by national and EU targets for reducing greenhouse gas emissions and increasing the share of renewa
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Aneo
invested in
Kokkoneva wind farm
in 2023
in a Buy & Build / Roll-Up deal