Finnish state-owned Metsähallitus and Enefit Green, a renewables subsidiary of the Estonian state-owned energy company Eesti Energia (known internationally as Enefit Group), signed an agreement that gives Enefit Green the opportunity to build a wind farm in Tolpanvaara, North Ostrobothnia.
"Metsähallitus is known for its wind power projects internationally. We are very happy to have found a company that is ready to implement our project." says Tuomas Hallenberg, Director of the Metsähallitus Property Development Unit.
According to Aavo Kärmas, CEO of Enefit Green, the enterprise is constantly looking for opportunities to grow its renewable energy portfolio in the Baltic Sea countries where Enefit Group is already operating. In March, Enefit Group started selling electricity to household customers in the Finnish market, but the goal is to also start producing renewable energy in Finland.
"One of the opportunities we see is the development of a wind farm in Tolpanvaara. According to the agreement, Enefit Green will invest in the Tolpanvaara development project when the Partial Master Plan is successfully approved in the next year and a half. When Enefit Green reaches the wind farm investment decision, the potential investment will be in the range of 100-150 million euros,” Kärmas explained.
The planned wind farm islocated in a relatively remote place with good wind conditions, in forest area belonging to Metsähallitus. The power capacity of the wind farm will be about 100 MW. The precise cost and power capacity of the farm will become clear after carrying out the procurements.
”Metsähallitus wants to be a vanguard of responsible activities and to promote the achievement of the Government's climate and energy goals”, Hallenberg says. "There are currently 91 wind power stations operating on Finland´s state-owned land, and the energy that they produce corresponds to the power consumption of roughly 45 000 electrically heated houses. Tolpanvaara would bring a good addition to this,” Hallenberg adds.
Enefit Green is a renewable energy company belonging to the Estonian state-owned Eesti Energia Group, which produces energy from wind, water, sun, biomass and mixed municipal waste. Eesti Energia currently produces renewable energy in Estonia and Latvia. Enefit Green's largest production units are Iru, Paide and Valka power plants and wind farms in Aulepa, Narva, Paldiski and Virtsu. In addition, a hydroelectric power plant in Keila-Joa and a solar power station in Järvamaa are owned by Enefit Green. The strategic goal of Eesti Energia is to increase the share of energy produced from renewable and alternative sources to 40% in the production portfolio of the Group by the year 2022.
The task of Finnish state-owned Metsähallitus is to set aside and refine state-owned areas under its control to make them suitable for wind power activities, as well as active project development and the rental of land based on competitive bidding. Metsähallitus grants the right to build wind power plants on the basis of reservation and right of use agreements. Metsähallitus itself does not own the power plants.
Metsähallitus Property Development Unit
Tel. +358 (0)40 528 6069
Wind Power Manager
Metsähallitus Property Development Unit
+358 (0)40 510 5302
Head of Media Relations
Eesti Energia / Enefit Green
+372 528 5049
Property Development is part of the business operations of Metsähallitus. It is responsible for the acquisition, relinquishing, and rental of real estate holdings, as well as matters of zoning. Property Development also engages in project and development activities involving land and water areas as well as in the extraction business.
The real estate business handled by Property Development increases the value of state-owned land and water properties and lays the foundation for a diverse bioeconomy, not to mention local enterprise and nature recreation.
© Koodiviidakko Oy - Y-tunnus 1939962-1