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Societe Generale has completed project financing of the 88MW Puskakorpi onshore wind farm in western Finland’s Northern Ostrobothnia region.
Initially developed by GE Renewable Energy in partnership with Finnish developers Smart Windpower and Mincovest, Puskakorpi was subsequently acquired shortly before financial close by Foresight Energy Infrastructure Partners, a Luxembourg special limited partnership for which Foresight Group LLP acts as portfolio manager.
This is Foresight’s first onshore wind investment in Finland as well as its first partnership with GE in the sector.
GE is also supplying 16 Cypress wind turbines to Puskakorpi and has entered into a 30-year full-service agreement for the project, which will generate enough renewable energy to power the equivalent of 55,000 households in Finland. ....

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