ABO Wind and Luxcara, an independent asset manager in the global renewable energy market, have closed Construction and Service Agreements for three Finnish wind projects, which Luxcara has acquired from ABO Wind.
The wind projects Välikangas, Pihtipudas and Sievi are located in the Northern Ostrobothnia region and benefit from favorable wind conditions near the shore. With a projected capacity of 160 MW, the wind projects can produce as much clean energy as 140,000 households consume.
“We are looking forward to working with ABO Wind on our Finnish portfolio and are convinced that the projects will benefit from their vast experience in Finland,” says Dr. Philip Sander, Managing Partner of Luxcara.
“Following our successful cooperation in Germany, we are happy to have won Luxcara as a client in Finland as well. We expect the commissioning of the wind farms and the respective substations to be completed during the second half of 2021,” states Aapo Koivuniemi, CEO of the Finnish subsidiary ABO Wind Oy.
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