Pension-backed wind farm firm announces further expansion to support energy sovereignty

Exilion Tuuli Ky’s two new wind farms will help realize self-sufficient energy production in Finland, says the company’s investment manager, Pasi Valasjärvi.

Finland is expected to become energy self-sufficient within two years by increasing domestic production especially in nuclear and wind power. | Photo: PR Exilion.

Exilion Tuuli, a wind energy firm owned by Finland’s State Pension Fund (VER) and Veritas pension insurance, is kicking off the construction of two new wind farms in Northern Finland. The total value of the investment is EUR 130m.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Oil fund is biggest investor in illegal West Bank settlements

A report examining investments in illegal Israeli settlements on the Palestinian West Bank reveals that Norway’s oil fund is the largest investor in 50 companies located there, and that AB Industrivarden and Nordea are also among the 10 largest.

Big ESG funds are doing worse than the S&P 500

Funds linked to environmental, social and governance principles are by definition supposed to minimize risks tied to those three factors. In 2022, the approach did little to help protect investors from the brutal slide in the financial markets.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch