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ABO Wind Oy and Gasum enter 10-year PPA

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ABO Wind Oy and Gasum Oy have entered into a long-term agreement on wind farm output.

Under the ten-year Power Purchase Agreement (PPA), Gasum will begin to sell renewable wind power produced in North Ostrobothnia to its customers starting in 2023.

The agreement will enable the partners Gasum and ABO Wind to increase the availability of renewable Finnish energy and at the same time more wind power will be built in Finland. Domestic wind power will increase Finland’s self-sufficiency in electricity generation.

The agreement covers a 9-turbine wind farm of Nordex N149 turbines with a total output capacity of around 40 megawatts built by ABO Wind Oy and planned to be commissioned in 2022 in Kestilän Kokkoneva in North Ostrobothnia.

Gasum will acquire around 100 GWh of energy a year. The wind farm production capacity can generate wind power for example for some 50,000 two-room apartments.

“We’re pleased to enter into a long-term PPA with ABO Wind Oy. Wind power is a clean and renewable form of energy, which has a key role to play in meeting growing energy needs and curbing global warming. We want to provide the most comprehensive services on the energy market and to make it easy for our customers to operate on the energy market and to offer our customers renewable Finnish electricity.”

Kimmo Rahkamo, VP, Gas and power sales, Gasum.

“We are happy to conclude a PPA with a strong partner such as Gasum. Thanks to Gasum’s long-term commitment, we have a solid financial basis for realising our project Kokkoneva. The remuneration system in Finland has changed and PPAs provide us with the opportunity to plan, finance and build wind farms under the new conditions.”

Aapo Koivuniemi, managing director of ABO Wind Oy.
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