The renewable energy company OX2 has been engaged to construct four wind power farms with 25 wind power plants (107.4 MW) in Finland. This will be the largest unsubsidised wind power project to date in the Nordic region. IKEA Retail Finland, which is part of the Ingka Group, is financing the construction with an agreement to purchase the farms when they are put into operation at the beginning of 2020. The estimated total production is approximately 380 GWh per year.
The project consists of four Finnish wind power farms – Långmossa, Ribäcken, Ponsivuori, and Verhonkulma.
Foyen Advokatfirma has assisted OX2 in the negotiation of supply agreements and service agreements. Leading partner at Foyen was Jacob Hamilton.
For more information, please contact:
Jacob Hamilton, partner at Foyen +46 (0)737-19 51 49, jacob.hamilton@foyen.se
