Fortum and Norwegian energy company Nordkraft have formed a joint venture, Fortum Nordkraft Vind DA, to develop new wind power projects in Norway. The two companies have been co-operating in Norwegian wind power since 2017 when Fortum entered the Norwegian wind market.
Fortum purchased three Norwegian wind power projects from Nordkraft in 2017. Fortum now owns Nygårdsfjellet wind farm in Narvik and Ånstadblåheia wind farm in Sortland. Sørfjord wind farm in Tysfjord is currently under construction. Altogether, the three wind parks will have an installed capacity of 170 megawatts. Following the acquisition of the projects in 2017, Nordkraft has continued to support Fortum in construction, and operation and maintenance of the projects.
