OX2 has announced plans to construct the largest renewable energy project in Finland, comprising wind farms with a total capacity of 472 MW, with an investment exceeding 700 million euros.

Target Information

OX2, a Swedish energy development firm, is poised to embark on a significant venture with the construction of onshore wind farms in Finland, marking its inaugural ownership of renewable energy facilities in the country. The planned wind farms will boast a substantial total capacity of 472 megawatts (MW), positioned strategically in the South and Central Ostrobothnia regions. This investment, which is anticipated to exceed 700 million euros, underscores OX2's commitment to advancing renewable energy solutions.

Upon completion, the wind farms are projected to generate an impressive total annual output of approximately 1.6 terawatt hours (TWh) of clean energy, influencing the local energy landscape and contributing to Finland's renewable energy goals.

Industry Overview in Finland

Finland is at the forefront of renewable energy advancements, with a robust commitment to transitioning from traditional energy sources to sustainable alternatives. The Finnish government has set ambitious targets for reducin