Nobian and partners power European operations with clean electricity thanks to new wind power initiative19 June 2023
Securing a Greener Grid: Nobian, Signify, HEINEKEN, and Philips power European operations with clean electricity thanks to new wind power initiative
· In the first deal of its kind, Nobian, Signify, HEINEKEN, and Philips secure a renewable electricity guarantee from the new Mutkalampi wind farm
· The 10-year agreement with the Mutkalampi wind farm will deliver 330 GWh of renewable electricity per year to the consortium, the equivalent electricity to power 40,000 households
· Owned and operated by Neoen, the new facility is the largest operating wind farm in Finland
Mutkalampi wind farm
Nobian, Signify, HEINEKEN, and Philips celebrate the opening of Finland's largest active wind farm that will provide a renewable electricity guarantee for the consortium of the Netherlands-headquartered companies. The 10-year agreement with the Mutkalampi wind farm delivers 330 GWh per year to the consortium – the equivalent electricity needed to power 40,000 households. This renewable electricity helps to avoid over 230,000 tons of CO2 emissions per year.
Virtual Power Purchase Agreement
In the first agreement of its kind, the consortium committed to contracting renewable electricity from the wind farm for the first 10 years through the Virtual Power Purchase Agreement in 2020. The electricity is physically delivered to the Finnish grid while the four consortium partners benefit from the Guarantees of Origin. This provides income stability for the renewable project, while guaranteeing clean energy for the consortium members.
Johan Hospers, Director Energy at Nobian: “This opportunity where we secure a share of the output of the Mutkalampi windfarm is important to become more sustainable. It contributes to us realizing our renewable energy targets as expressed in Nobian's ‘Grow Greener Together’ strategy. A long term commitment from Nobian, and our consortium partners, to realize additional wind projects such as Neoen’s Mutkalampi windpark, is a great example of how we can become greener and how industry can contribute to a sustainable energy system.”
The new wind farm has been developed, is owned, and operated by Neoen, a leading independent producer of renewable energy. The four parties were advised on the consortium by Schneider Electric.