Rabbalshede Kraft acquires a 50% stake in Vapo Terra's subsidiary, Sunbreeze Oy, which oversees nine wind and solar projects in Finland with a combined capacity of 1.4 GW.

Information on the Target

Vapo Terra is a prominent energy company based in Finland, recognized for its commitment to sustainable energy solutions. The company's project portfolio comprises nine wind and solar power initiatives, boasting a combined nominal capacity of up to 1.4 gigawatts (GW). These projects are spearheaded by Vapo Terra's fully owned subsidiary, Sunbreeze Oy, which focuses on developing renewable energy infrastructure.

With a strong emphasis on transitioning to cleaner energy sources, Vapo Terra, through its subsidiary, aims to contribute significantly to Finland's renewable energy landscape. By expanding its portfolio, the company seeks to enhance its capability to meet rising energy demands while promoting environmental sustainability.

Industry Overview in Finland

Finland is a global leader in renewable energy, with the government setting ambitious targets for reducing carbon emissions and increasing the share of renewables in the energy mix. The country has made significant investments in wind and solar