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Luxcara acquires 2 wind farms in Finland

Asset manager Luxcara GmbH acquired two Finnish wind projects with a projected capacity of 60 MW for institutional investors.

ABO Wind AG developed the Sievi and Pihtipudas projects in the Northern Ostrobothnai region. "We remain convinced by wind power in the Nordics and are happy to realize two more Finnish wind projects with ABO Wind," said Philip Sander, managing partner of Luxcara, in a Sept. 10 statement.

The output of the projects will be sold under power purchase agreements after their expected connection to the grid in the second half of 2021.