HPP assisted Neste in Corporate PPA negotiations with Fortum

NELIO energia


HPP assisted Nasdaq Helsinki listed Neste Oyj in the negotiations with Fortum concerning a Corporate PPA with a term of 12 years, according to which Neste purchases approximately 70% of production at the Kalax wind farm, currently under construction in Närpes, Ostrobothnia. The total capacity of the agreement is more than 60 MW, and the energy produced will correspond to around 20% of the electricity consumption at the Neste Porvoo and Naantali sites. The wind power deliveries are expected to begin in early 2021.

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