Helen’s renewable electricity capacity continues to grow — Kalistanneva wind farm now in regular electricity production
The Kalistanneva wind farm in the municipality of Kurikka in South Ostrobothnia has entered into production. The wind farm’s 30 power plants generate electricity with an output of approximately 165 MW.
Production equivalent to the annual electricity consumption of 60,000 households
By completing the wind farm, Helen is responding to the needs of our increasingly electrified society and significantly increasing the domestic content of wind turbines. This also increases Finland's self-sufficiency in energy production.
"The commissioning of the Kalistanneva wind farm continues Helen’s significant investments in domestic and emission-free electricity production and strengthens Finland’s energy self-sufficiency. Kalistanneva and the Karahka wind farm, which was commissioned in December 2024, are major steps towards Helen’s carbon neutrality target for 2030," says Pekka Tolonen, VP, Power Generation at Helen.
Helen is the majority owner of the wind farm with a stake of 60 per cent. The wind farm's other shareholder is Ålandsbanken Wind Power Fund Non-UCITS.
"We are very pleased to complete our fund’s first joint investment with Helen, on budget and ahead of the original schedule, after a construction project lasting less than three years. Of course, a big thank you goes to Valorem and all the partners and contractors involved in the project. This is also an important milestone for us in the sense that, with the launch of Kalistanneva, four out of five projects owned by our fund are now in commercial use," says Jimmy Forsman, Portfolio Manager for the Ålandsbanken Wind Power Fund.
Low-emission production constitutes 90 per cent of total production
In 2024, Helen increased its wind power capacity by 440 MW, and wind power is expected to make up a significant share of the company’s electricity production this year as well, when the share of emission-free electricity in Helen’s total production will increase to over 90 per cent. In 2025, Helen's annual wind power production will also exceed the amount of electricity previously produced using coal. At the same time, the commissioning of the wind farm will replace heat production based on coal combustion in particular.