Niinimäki in Finland sold by OX2

Niinimäki, an onshore wind farm in Finland has just been sold between OX2 and the Finnish energy company Helen.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Niinimäki, an onshore wind farm in Finland has just been sold between OX2 and the Finnish energy company Helen .

A 145MW wind farm

Niinimäki, the wind farm sold to Helen and the Wind Power Fund of the Bank of Åland will include a set of 22 turbines. Thus, it will have a total installed capacity of 145MW. OX2 begins construction of the Niinimäki wind farm.

As such, the company is expected to complete the project by the end of 2024. The wind farm will have a production capacity of 400GWh. Thus, this production is equivalent to the annual electricity consumption of about 8,000 homes.

A diversified portfolio

OX2 develops, builds and sells onshore and offshore wind farms. The company markets photovoltaic solar parks. OX2 also offers management of wind and solar farms after their completion.

OX2’s project development portfolio includes internally developed wind and solar projects as well as projects acquired at various stages of development. The company is also developing projects based on other renewable energy technologies such as hydrogen and energy storage. Finally, once operational, OX2 will be responsible for the technical and commercial management of the Niinimäki wind farm for 15 years.

Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.
RWE won two projects totalling 21.6 MW in the latest onshore wind tender by the CRE, strengthening its presence in Oise and Morbihan and consolidating its investments in France.
Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.
Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.
J-POWER will take over Mitsubishi Heavy Industries’ domestic onshore wind maintenance operations under a deal set to strengthen its local market position by spring 2026.
The consortium brings together Air Liquide, RTE, Nexans, ITP Interpipe and CentraleSupélec to develop a demonstrator for offshore electricity transport using superconducting cables cooled with liquid nitrogen.
Developer Q ENERGY has inaugurated a seventh wind farm in Biesles, Haute-Marne, with Velto Renewables acquiring a 50% ownership stake.
French start-up Wind fisher unveils a pioneering airborne wind system capable of producing twice as much electricity as a ground-based turbine by tapping into powerful winds above 300 metres.
The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.
The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.
Energiekontor has closed financing for three new wind farms in Germany, strengthening its project portfolio and reaching a historic construction milestone in the 2025 fiscal year.
RWE has finalised installation of all 44 foundations at the Nordseecluster A offshore site in the North Sea, a key milestone before planned maintenance activities leading up to 2027 on this 660-megawatt project.
A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.
The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.
Norway's energy regulator has rejected an application to build a wind farm in the northern Finnmark region due to potential environmental impacts and threats to Indigenous Sami culture.
Danish Ørsted has signed an agreement with Apollo to sell a 50% stake in its Hornsea 3 offshore wind farm in the UK, in a strategic transaction valued at approximately DKK 39 billion ($5.43bn).
Eneco takes over Prowind’s wind project development business in the Netherlands, adding 260 MW to its portfolio. Prowind refocuses on the German market, where demand is growing rapidly.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.