Rustari Wind Farm is a 44MW onshore wind power project. It is planned in Southern Ostrobothnia, Finland. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2023. Buy the profile here.
Description
The project is being developed by Metsahallitus and OX2. The project is currently owned by Renewable Power Capital with a stake of 100%.
The project is expected to generate 160,000MWh electricity and supply enough clean energy to power 32,000 households. The project cost is expected to be around $81.84m.
Smarter leaders trust GlobalData
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the project will be sold to Gasum under a power purchase agreement for a period of 10 years.
Contractors involved
OX2 is expected to render engineering procurement construction services for the wind power project.
GE Renewable Energy will be the turbine supplier for the wind power project. The company is expected to provide 8 units of GE-158-5.5 turbines, each with 5.5MW nameplate capacity.
For more details on Rustari Wind Farm, buy the profile here.
About Metsahallitus
Metsahallitus is a diversified company. The services of the company include promoting biodiversity, forest ecosystem securing services, outsourcing Finnish forestry, water protection, managing cultural heritage sites, recreation service, forest management, research and development, natural resource planning, management and land use planning, and training. Its activities include plot and forest real estate business, sale of buildings and active project development in the wind power business. Metsahallitus also facilitates fish farming development in public water areas. It enables infrastructure construction around Finland by exploring soil and rock reserves on state land, issuing permits and leasing extraction sites to companies. The company has operations throughout Finland. Metsahallitus is headquartered in Vantaa, Helsinki, Finland.
About OX2
OX2 AB (OX2), formerly OX2 Wind AB, a subsidiary of Peas Industries AB, is a Swedish renewable energy company that develops renewable energy plants. The company develops, builds, finances, and manages renewable energy plants. Galatea-galene, riberget, and klevberget are OX2 projects. The company is headquartered in Stockholm, Sweden
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
