Published: 02 September 2021 02 September 2021
Statkraft and Neste have signed a 10-year power purchase agreement enabling the Finnish company to reduce greenhouse gas emissions with power from a Finnish wind farm under construction.
Deliveries to Neste's Porvoo refinery in Finland will start mid-2022 and the annual total volume of the wind power agreement is approximately 215 GWh, corresponding to some 18 percent of the electricity consumption at Neste's refinery in Porvoo, Finland. The delivery originates from the Mastokangas wind farm currently under construction in the Finnish municipalities Raahe and Siikajoki. For this wind farm Statkraft has signed
a power purchase agreement with Aquila Capital, the owner of the project.