News listings

energy-pedia alternative energy

Europe / Caspian / CIS >>> Finland

Finland: Axpo launches wind power activities in Finland

21 Mar 2023

Photo - see caption

Axpo will develop, build and operate wind farms in Finland, it was announced today. Working from newly opened offices in Vaasa, Axpo’s renewables team will work closely with their origination colleagues in Helsinki.

Switzerland’s largest energy group Axpo marked the official start of its wind power activities in Finland with the opening of a new base for its dedicated renewables operations team. From their offices in the city of Vaasa - a major Nordic energy hub and home to the prestigious annual Energy Week event – Axpo will develop, build and operate wind farms throughout Finland.

Axpo plans to acquire development projects at any stage and of any size as well as initiating its own greenfield development activities. Headed by Managing Director Joakim Ingves, the wind power team aims to continue growing for the foreseeable future.

Managing director appointed for Finnish wind business

Making the announcement, Katja Stommel, Head of Division Wind at Axpo said, 'We are delighted to have Joakim Ingves on board as managing director of our new wind business in Finland. As an experienced and highly motivated leader, he will drive our activities in the very active and exciting Finnish market over the coming years, exploring new opportunities and identifying potential project partners.

'Joakim’s team will also work closely with Axpo's existing energy trading and origination branch in Helsinki to help establish and grow our business across the country.'

Strengthening Axpo’s wind ambitions

Finland offers excellent opportunities to help achieve Axpo's ambitious goals of expanding wind energy capacities over the coming decade. In total, Axpo aims to develop three gigawatts of wind energy by 2030, with today’s announcement marking a significant milestone in the development of wind energy in Finland.

Joakim Ingves explained, 'According to government plans, Finland aims to be climate-neutral by 2035. To achieve this, the construction of onshore wind power must be accelerated. Axpo is keen to contribute to this goal. We have already had positive preliminary discussions with a number of interested landowners and communities.'

French wind market leader

Through its wholly owned subsidiary Volkswind, Axpo has developed more than 80 wind farms in Germany and France with a total installed capacity of over 1,470 MW. In France, Axpo is one of the leading companies in the development and construction of wind farms.

Original article link

Source: Axpo

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 232

Completed Deals

Completed Upstream Deals: 6585

Company Profiles

Current Company Profiles: 2914

Corporate Activity

Current Corporate Activity articles: 4158

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1664


Current Geostudies articles: 974

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Rose & Assocs
Government of South Australia
Telos NRG
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675