Statkraft signs ten-year Finnish wind PPA with Neste

The Norwegian utility and Neste enter an agreement to help make the Finnish fuel refiner's operations more climate friendly.

Photo: Notus

Norwegian power company Statkraft and Finnish fuel refiner Neste have signed a ten-year power purchase agreement to support Neste's efforts to cut greenhouse gas emissions from biofuel production.

The electricity, to be sold further by Statkraft via another PPA signed with owner Aquila Capital, will be generated at wind farm Mastokangas, currently under development in Finnish municipalities Raahe and Siikajoki.

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