TOWII Renewables ready to build wind farms in Finland
TOWII Renewables will construct two wind farms in Finland, marking a significant step forward in its ambition to develop green energy both in Denmark and internationally.
TOWII Renewables - a joint venture equally owned by the Danish energy group EWII and Japan’s Tokyo Gas - has acquired two wind power projects from Puhuri Oy and will continue as the project developer. This investment strengthens TOWII Renewables’ commitment to developing sustainable energy projects both domestically and abroad.
“The investment in Finland is yet another milestone in our international ambitions, following the start of activities in Sweden and the establishment of a Swedish subsidiary in 2023,” said Oliver Wolgast, CEO of TOWII Renewables.
The two wind farms - Kopsa III Wind Power Project and Ketunperä Wind Power Project - will be developed near the city of Raahe, located in North Ostrobothnia, Finland. Each wind farm will comprise six wind turbines, providing TOWII Renewables with a total capacity of approximately 74.4 MW.
“The projects are developed in close cooperation with our Finnish partner Puhuri Oy. Having an experienced local partner at our side is very valuable to us, and we hope to expand our partnership to other projects in the future”, Oliver Wolgast added.
Funding Future Projects
By 2030, Finland aims to increase the share of renewable energy to 51%. TOWII Renewables will contribute to this green transition by acquiring the rights of two wind projects.
"The investment in the Finnish wind farms will not be a one-off initiative. TOWII Renewables is committed to the Finnish market and investigating possibilities for development of additional projects in the future”, said Oliver Wolgast, CEO of TOWII Renewables.
TOWII Renewables’ two Finnish wind farms are expected to be operational in the first half of 2027.
Contacts
Oliver Wolgast, CEO of TOWII Renewables A/S, +45 24 42 92 83
Images
About TOWII Renewables A/S
TOWII Renewables A/S was founded in 2022 as an international joint venture between the EWII energy group and Tokyo Gas. Both stakeholders are local utility companies with histories spanning more than 100 years.
Our ambition is to develop sustainable energy projects in Denmark and internationally, with the goal of constructing land-based wind and solar farms that will generate 1 GW of green electricity capacity by 2030.
The company is headquartered in Denmark and complemented by a subsidiary in Sweden, with a total of 17 employees.
Subscribe to releases from TOWII Renewables
Subscribe to all the latest releases from TOWII Renewables by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from TOWII Renewables
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom