Valorem inaugurates 313 MW wind farm in Finland with 1 TWh annual output

French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.

Share:

Gain full professional access to energynews.pro from 4.90£/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90£/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 £/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99£/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 £/year from the second year.

Valorem has inaugurated the ViIatti wind complex, located in the Ostrobothnia region of Finland. This project, presented as the largest ever developed by the company, brings together two separate farms: Kalistanneva and Matkussaari. Together, they amount to an installed capacity of 313 MW, representing an annual production of around 1 TWh, equivalent to the consumption of 120,000 Finnish households.

Two farms, a consortium and shared management

The Kalistanneva farm includes 30 turbines with a capacity of 165 MW. Developed by Valorem, it was sold in 2022 to a 100% Finnish consortium composed of Helen, the electricity provider of the city of Helsinki, and the Wind Power Fund of Ålandsbanken. Matkussaari, on the other hand, remains fully owned by Valorem with 27 turbines totalling 148.5 MW. The two sites share an electrical infrastructure built by Valrea, Valorem’s subsidiary, comprising a 40 km high-voltage line and a common substation operated over 35 years under a joint company.

Financing and international expansion

For the financing of the Matkussaari farm, Valorem secured in 2022 a long-term loan of €135mn ($145mn) from AIP Management, as well as a VAT facility of €10mn ($10.8mn) from OP Bank. This operation marked the beginning of a deeper collaboration between Valorem and AIP, which entered the group’s capital in early 2025. ViIatti also represents the first international achievement of Valrea, which carried out the construction of both farms, including 57 Nordex N163 turbines and 5 transformers of 90 MVA.

Strengthened presence in Finland

Valorem has been active in Finland since 2014 and in 2020 founded its subsidiary Valorem Energies Finland Oy, based in Helsinki. This entity currently employs more than 25 local staff and manages a portfolio of 1.1 GW of wind projects and 2 GWc of solar photovoltaic projects. For site operations, the subsidiary VALEMO has opened a maintenance base in Oulu, with two technicians dedicated to the farms’ supervision.

At the inauguration, Finnish Minister of Science and Culture Mari-Leena Talvitie attended alongside local officials and 1,200 participants, underlining the institutional and regional significance of the project.

Shell U.S. president stated that cancelling fully permitted wind projects severely undermines investor confidence in the energy sector.
TotalEnergies could bring EDF into the Centre Manche 2 offshore wind project after RWE’s planned withdrawal, strengthening the industrial and financial prospects of the two neighboring parks scheduled for 2032.
Envision Energy has signed an agreement to equip Kazakhstan’s largest wind power project, marking a strategic step in energy cooperation with TotalEnergies, Samruk-Energo and KazMunayGas.
The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
The two regional utilities join a JERA-led consortium to support the operation of the Ishikari Bay offshore wind farm, which entered service in early 2024.
Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.
Encavis strengthens its wind portfolio in Germany with the acquisition of a Schierenberg project and the signing of four new partnerships with ABO Energy, for a joint total capacity of 106 MW.
Boralex rolls out an energy assistance scheme for residents near its wind and solar farms, with a pilot project launched in two communes in Haute-Loire.
Eiffage, through its Belgian subsidiary Smulders, will build three electrical substations to connect offshore wind farms in Brittany and the Mediterranean, under a contract exceeding €1.5bn ($1.59bn).
Envision Energy has published an environmental product declaration for two of its turbines, a milestone certified to ISO standards aimed at strengthening its position in international wind markets.
Yaway, a brand of Kallista Energy, commissions in Breteuil a very high-power charging station directly connected to wind turbines, offering a price of €0.30/kWh ($0.32/kWh) and a maximum power of 400 kW, with no subscription.
Fortescue has selected Envision Energy to supply next-generation turbines in Australia, the first step in a project targeting 2 to 3 GW of renewable generation backed by batteries.
Singapore-based developer Vena Energy has launched operations at its third wind power plant in Japan, located in Saikai, Nagasaki Prefecture, with a grid-connected capacity of 7.5 MW.
Ørsted and Korea South-East Power Co. (KOEN) have signed a memorandum of understanding to explore joint development of the 1.4 GW Incheon offshore wind project, located off South Korea’s west coast.
RWE has finalised the installation of all 72 monopiles at the 1.1 GW Thor offshore wind farm off the Danish coast, marking a key milestone ahead of secondary structure and turbine installation scheduled for 2026.
The Bundesnetzagentur awarded 376 projects totalling 3.45 GW, with a weighted average price of 6.57 cents per kilowatt-hour, without reducing the volume despite an undersubscription risk.
Alternergy strengthens its portfolio by acquiring two wind projects from CleanTech in Quezon Province, expanding its growth strategy beyond the 500MW mark.
Orsted has resumed work on its Revolution Wind offshore wind farm, previously halted by federal authorities, after a court ruling allowed construction to continue despite ongoing legal action from the U.S. government.
No candidate submitted a final offer for the 1 GW project off Oléron Island, despite an initial shortlist of nine consortiums including major European energy groups.
TotalEnergies and RWE secure the Centre Manche 2 contract, France’s largest offshore wind project to date, with an estimated investment of €4.5bn ($4.82bn).