Lundin announced on 31 January 2020 that it has entered into an agreement to acquire the 132MW Metsälamminkangas wind farm in mid-Finland from the Nordic wind project developer OX2.
This is Lundin’s first wind project investment and by using the latest turbine technology from GE Renewable Energy the expected yearly production will be 400 GWh.
DNV GL has acted as technical advisor for Lundin throughout the transaction phase, and conducted a full technical due diligence as well as energy production assessment. DNV GL will continue as technical advisor to Lundin during the construction of the wind farm, with planned completion in early 2022.