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Finland-based Suomen Hyötytuuli Oy has introduced it would perform a full demerger to strengthen its offshore manufacturing, transferring the wind farms owned by the corporate to a brand new firm by the identical identify.
The corporate determined to hold out the demerger with the intention to put together for the anticipated rise in power manufacturing and renewables investments within the coming years. The three new corporations will probably be owned by Suomen Hyötytuuli’s present house owners: Alva-yhtiöt Oy, Helen Oy (Oy Mankala Ab), Lappeenrannan Energia Oy, Lahti Energia Oy, Oy Turku Energia – Åbo Energi Ab, Pori Energia Oy, Tampereen Energia Oy and Vantaan Energia Oy.
Suomen Hyötytuuli’s onshore wind farms and the present Tahkoluoto offshore wind farm will probably be owned by the brand new Suomen Hyötytuuli Oy. The Tahkoluoto demonstration and extension undertaking will probably be transferred to Tahkoluoto Offshore Oy. Each corporations will purchase wind farm life-cycle providers, akin to growth, development, operation and upkeep and dismantling providers from Arenso Oy. The present personnel of Suomen Hyötytuuli will probably be transferred to Arenso Oy.
”Growing, constructing and investing in offshore wind power differs enormously from onshore wind tasks,” says Toni Sulameri, managing director at Suomen Hyötytuuli. “We are going to proceed with our tried and examined fashions for onshore wind manufacturing, and the brand new firm construction will heighten our potential in offshore wind.”
The demerger is deliberate to be full by the top of summer season. Suomen Hyötytuuli’s wind power manufacturing and ongoing tasks is slated to proceed with out interruption all through the demerger.