GHR and Winda Energy are aiming to capture a 10% share in Finnish wind power by 2025 with turbines up to 7 MW in capacity.
Wind farms developed by Winda, which now manages the construction of the projects for BlackRock, will benefit from a PPA signed with Amazon for 80% of the wind farms production. The Amazon PPA played a key role in enabling the transaction between GHR and BlackRock.
Green Horizon Renewables has completed major renewable transaction. As a majority investor, GHR sold its portfolio of wind farms with a combined capacity of 220 megawatts to the US investor BlackRock.
Established in 2011, Winda is a trusted Finnish wind farm developer with capabilities in project development, construction and operation.
In recent years, Winda Energy has expanded its geographic scope from Northern Ostrobothnia and Central Finland to the entire country. In November 2020, the company has successfully built 20 MW wind farm in Finland with market-leading turbine technology and currently is constructing 200 MW of wind farms for BlackRock. The local team based in Helsinki is working with network of professionals across Finland on development of new wind farms. The early stage pipeline now has almost 900 MW of projects under development.
GHR Baltics is an investor into renewable energy in the Baltic region.
The company is cooperating with local partners on development of wind farm projects in Latvia with the expected capacity of more than 300 MW and further has a pipeline of projects in wind and solar energy in the region
GHR Solar is a developer and investor in solar energy in Central and Eastern Europe
The company is actively working with local land owners and municipalities to develop solar projects in Czech Republic, Slovakia, Slovenia and other CEE countries with a goal of developing, constructing, and operating more than 150 MW in the next two years.
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