Danish investment to boost Finland’s wind power output by one-third

(EurActiv, 25 May 2023) Copenhagen Infrastructure Partners and Finnish wind energy company Myrsky Energia announced a partnership Wednesday (24 May) that aims to generate some 1.8 gigawatts (GW) of onshore wind power over the next decade in Finland, a move that would increase the country’s current output by a third.

Danish investment company Copenhagen Infrastructure Partners (CIP) and Myrsky Energia, a Finnish developer specialised in wind power, signed a framework agreement to that effect, according to an announcement Wednesday.

”Here, (in Finland) the political environment is needed. The government targets are clear and direct. Permit processes are smooth. This is a safe investment environment,” the CIP’s Vice-President Rowan told a press conference in Helsinki where the agreement was presented.

Founded in 2012, Copenhagen Infrastructure Partners is the world’s largest fund manager within greenfield renewable energy investments and a global leader in offshore wind.

Myrsky Energia, founded only three years ago, currently generates about five gigawatts (GW) of wind power, with two GW of solar capacity currently under development.

With Finland’s total wind power generation capacity currently totalling 5.7 GW, the new agreement would mean a one-third increase in the country’s wind power output.

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EurActiv, 25 May 2023: Danish investment to boost Finland’s wind power output by one-third