Vestas receives 86MW order to extend wind project in Finland

Vestas has received an order of 86 MW for the Lakiakangas III project in Isojoki, in the South Ostrobothnia region of Finland, with German developer CPC Germania.

The order covers the supply, installation and commissioning of 20 V150-4.2 MW wind turbines in 4.3 MW Power Improved Mode, as well as a 20-year Active Output Management 5000 (AOM 5000) service agreement that will provide the customer with improved output and long-term business case sureness.

Vestas has worked closely with CPC Germania to establish the most cost-effective and sustainable approach awarded in 2019 at Finland’s first technology-neutral auction for renewable energy.

With this contract, Vestas is expanding its position in Finland’s wind industry, where we have to date installed about 400 wind turbines with a total capacity of nearly 1.2 GW.

“After the successful completion of Lakiakangas I and II projects, we are pleased to be working again with Vestas in the Lakiakangas III wind farm. With 20 Vestas V150-4.3 MW turbines, Lakiakangas III becomes our biggest wind farm in Finland so far and CPC adds another significant step to our long-term relationship with Vestas. We trust that Vestas has the technology, track-record and the local service organisation to make this project a success over the decades ahead.”

Markus Tacke, the CEO of CPC Germania.

“We are pleased to have been awarded this project and thereby continue our successful collaboration with CPC Germania. Following our orders for the first two phases of the Lakiakangas project, this contract win is further proof for Vestas` ability to support our customers in winning even the most competitive auction tenders and to assist Finland in its transition towards a clean energy system with limited cost to society.”

Nils de Baar, president of Vestas Northern & Central Europe.

The Lakiakangas III order follows Vestas’ contract wins with CPC Germania for the ventures Lakiakangas I and Lakiakangas II. All ventures are now fully operational.

Although Lakiakangas I produces revenue under the Finnish feed-in tariff, under the first Finnish PPA (power purchase agreement) with a third party, the Lakiakangas II project is remunerated – meaning it is realized without State subsidies.

Turbine delivery is expected to be completed by the second half of 2021.