Renewable Power Capital Invests in Finnish Wind Energy Projects

Renewable Power Capital has committed to acquire projects in Finland with capacity totalling 171 MW / OX2 is constructing the wind farms under a tailored EPC contract and will, once commissioned, be responsible for the technical and commercial management of the wind farms.

Renewable Power Capital (“RPC”), the renewable energy investment platform backed by Canada Pension Plan Investment Board (CPP Investments), has made its first investment by committing to the acquisition of a 100% ownership interest in a 171MW portfolio of onshore wind projects from OX2, a leading developer and constructor of large-scale onshore wind power in Europe, in a transaction valued at €245 million.  Two of the wind farms, Puutikankangas in North Ostrobothnia and Rustari... ... More: Official Press Release Renewable Power Capital

Keywords:

Renewable Power Capital, investment, wind farm, OX2, Finland, capacity, MW, onshore, construction, commisioning