Vattenfall and the European clean energy investor Glennmont Partners have signed a long-term agreement to provide balancing services for Piiparinmäki, a new 211 MW onshore wind farm in Finland.
The onshore wind farm Piiparinmäki, acquired by Glennmont Partners in September last year, is located in central Finland near Kajaani and will have 41 turbines.
Once operational, Piiparinmäki, will be the largest wind farm in Finland with an estimated yearly production of approximately 700 GWh.
“We are very happy to be a part of this project and expand our presence in Finland. Due to our long experience in Finland and a diversified portfolio over Nordic countries, we believe that we are in a good position in the area to be able to provide for the future need of necessary physical and financial services to wind power market players.”Johan Hagsten, director Sales & Origination Nordic for Vattenfall’s Business Area Markets.
“We are delighted to secure this long-term partnership for the Piiparinmäki wind farm in Finland with Vattenfall, a leading global player in this market. Piiparinmäki is our largest onshore wind investment to date and represents a key strategic milestone for Glennmont’s operations in the Nordic market. We expect our presence in this type of clean power generation to increase over the coming years.”Peter Dickson, partner at Glennmont Partners.
As previously informed by Glennmont, Google will purchase a significant portion of the total production from Piiparinmäki.