Skip to main content
  1. Home
  2. Wind
  3. 19 Jul 23
  4. Glennmont purchase 30 MW of Finnish onshore wind

Glennmont purchase 30 MW of Finnish onshore wind

Published by , Editorial Assistant
Energy Global,

Glennmont Partners, from Nuveen, have agreed to purchase a 30 MW onshore wind portfolio from independent power producer Clearvise AG. The agreement will see Glennmont acquire two onshore wind farms in the Northern Ostrobothnia region of Finland, totalling nine turbines between them. The technology employed in the project is Vestas V126 turbines, each of which will generate 3.3 MW of power.

Glennmont purchase 30 MW of Finnish onshore wind

The project builds on Glennmont’s experience in the Finnish market following their development of the 211 MW Piiparinmäki wind farm, one of the largest constructed unsubsidised wind farms in Europe and a key wind power asset in the Nord Pool region which reached commercial operations in the Summer of 2022.

“This agreement with Clearvise marks another positive investment in Finland and the Nordics, after successful recent activity in the onshore wind and battery storage sector,” said Joost Bergsma, CEO of Glennmont Partners. “It has been excellent working with the team at Clearvise on this deal, and we now look forward to realising further investment opportunities in this region and across Europe – accelerating the rollout of low-cost clean energy and helping our investors to further decarbonise their portfolios.”

“We are pleased to have completed this transaction with Glennmont, which secures the future of this 30 MW portfolio. For Clearvise as a small independent power producer it is important to focus our resources and follow a clear strategy. This projects has enhanced the deployment of onshore wind in Finland, and we now look forward to continuing supporting the development of renewables technology across Europe,” added Petra Leue-Bahns, CEO of Clearvise AG.

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global's Spring 2023 issue

The Spring 2023 issue of Energy Global hosts an array of technical articles focusing on offshore wind, solar technology, energy storage, green hydrogen, waste-to-energy, and more. This issue also features a regional report on commodity challenges facing Asia’s energy transition.

Read the article online at: https://www.energyglobal.com/wind/19072023/glennmont-acquires-30-mw-finnish-onshore-wind-farm/

You might also like

 
 

Embed article link: (copy the HTML code below):