Nordic Generation Acquires 800 MW Finnish Wind Project Portfolio from Metsähallitus

Nordic Generation has agreed to acquire the project rights for three large-scale onshore wind projects in Finland from Metsähallitus. The Lyypäkki, Konnunsuo and Harsunlehto projects total around 800 MW and will support Finland’s 2035 carbon-neutrality target.

Transaction date: · Source: metsa.fi

Key facts

Transaction date
Technology
Onshore Wind
Capacity
800 MW
Transaction price
Not disclosed
Country
Finland
Region
Lapland, Kainuu and Northern Ostrobothnia
Location
Simo, Kajaani and Pyhäntä
Continent
Europe
Development status
Under Development
PPA
n.a.

Technology details

Portfolio of three onshore wind power projects totaling approximately 800 MW. Lyypäkki includes 42 wind turbines, Konnunsuo includes 34 wind turbines, and Harsunlehto includes 5 wind turbines. Two projects received justified conclusions on their Environmental Impact Assessment (EIA) reports in May and June 2025, while one project completed an earlier EIA process in 2014. Zoning proposals for all projects are expected in 2026.

Additional information

Metsähallitus has agreed to transfer the project rights for three wind power projects to Nordic Generation while continuing to develop the projects until permits take effect. The projects are intended to support Finland’s target of achieving carbon neutrality by 2035 and will be aligned with Nordic Generation’s broader portfolio of wind, solar and battery energy storage projects. The parties will also cooperate on local community engagement and mitigation of local and landscape impacts.

Source

Original announcement: https://www.metsa.fi/en/press-releases/metsahallitus-strikes-agreement-to-sell-up-to-800-mw-wind-portfolio-to-nordic-generation/

Related transactions

DateTransactionTechnologyCapacityCountryBuyerSeller
Ardian ACEEF / Enordic Evergreen Acquires 73.2 MW Wind Portfolio in Sweden and Finland from KGAL — Anneberg, Sötterfällan and Silovuori Onshore Wind 73.2 MW Sweden, Finland Enordic Evergreen KGAL
Ardian ACEEF Acquires 73.2 MW Operational Wind Portfolio in Sweden and Finland from KGAL Onshore Wind 73.2 MW Sweden, Finland Ardian, Enordic Evergreen KGAL
Cloudberry Clean Energy Acquires 50% Stake in 132 MW MLK Onshore Wind Farm in Finland for EUR 75 Million Onshore Wind 132 MW Finland Cloudberry Clean Energy Sampi Renewables Holding
DWS Acquires 41.3 MW Oulainen Onshore Wind Farm in Finland from wpd Group Onshore Wind 39 MW Finland DWS Group wpd Group
Foresight FEIP II Acquires 100 MW / 400 MWh Nivala BESS — Finland's Largest Battery Storage Project — from FRV Battery Storage (BESS) 100 MW Finland Foresight Energy Infrastructure Partners Fotowatio Renewable Ventures
Usva Energia Sells 100 MW Ready-to-Build BESS Project in Kotka, Finland to Enlight Renewable Energy Battery Storage (BESS) 100 MW Finland Enlight Renewable Energy Usva Energia Oy
Fu-Gen Sells 100 MW Kärppiö Ready-to-Build BESS Project in Teuva, Finland to Nala Renewables Battery Storage (BESS) 100 MW Finland Nala Renewables Fu-Gen
Nordi Sells 125 MW / 500 MWh Kristinestad BESS Project in Finland to Enlight Renewable Energy Battery Storage (BESS) 125 MW Finland Enlight Renewable Energy Nordi

Explore more