2.6.2021

Smart Windpower, Mincovest and GE Energy – Development and Sale of Puskakorpi Wind Farm Project

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We advised the co-developers Smart Windpower Oy, Mincovest Oy and GE Energy, LLC in the development of the Puskakorpi wind farm owned by the project company Puskakorven Tuulivoima Oy and its later sale to Foresight Energy Infrastructure Partners, a Luxembourg Special Limited Partnership for which Foresight Group LLP acts as Portfolio Manager.

The Puskakorpi wind farm is envisaged to comprise 16 WTGs with a designed total nominal capacity of 88.0 MW. Located in the municipality of Pyhäjoki, in the Northern Ostrobothnia region of western Finland, the wind farm will generate enough renewable energy to power the equivalent of 55,000 households in Finland. It will play a significant role in supporting the country’s goal of meeting 50% of its energy end-consumption from renewable energy sources by 2030.

Commercial operations of the wind farm are expected to commence in late 2022.

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