OX2 and YIT have agreed on the purchase of Finland’s largest wind power project, located in Lestijärvi municipality in Central Ostrobothnia. In the now confirmed transaction, OX2 acquires the project rights for 72 wind turbines from YIT.
The total capacity of the Lestijärvi wind farm will be approximately 400MW and the maximum total height of the turbines will be 240 metres. Construction of the wind farm is due to start within a year. The wind farm will be constructed without government subsidies. Once commissioned, the annual energy production of Lestijärvi wind farm will be approximately 1.4 TWh. In addition to the 72 wind turbines, the project includes the construction of a new electricity substation and 55 kilometres of 400 kV power line for electricity transmission.
