The Fortum-Rusnano wind investment fund has selected Vestas as the supplier of wind turbines in Russia.
As a result of RES auction, announced June 15 2017 the investment fund won the right to build up to 1,000MW of wind capacity in 2018-2022. Fortum's long-term ambition is to have approximately 500 MW of wind capacity in Russia. As a part of the discussions between the parties, Vestas is planning to establish manufacturing facilities in the Russian Federation to comply with the local content requirements.