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Statkraft signs 10-year wind power PPA with Finnish Keva

19 Apr, 2021

Statkraft and Finnish public pension provider Keva have entered into a long-term green power purchase agreement with an annual delivery of almost 53 GWh in the period 2023 to 2032.

(First and second paragraph updated to clearify Statkraft's role in the agreements)

The delivery originates from the Kokkoneva wind farm and refers to ca. 30% of the total annual production of the windfarm that is scheduled for completion in Finland during 2022.

Statkraft has entered into an agreement on the delivery of the GoO’s with the owner of the wind farm and a PPA with Keva with a fixed price for green electricity throughout the term of the agreement.

“I am pleased to see that Statkraft, through these types of agreements, can help businesses across the Nordics achieve their sustainability goals in combination with contracting green power at competitive terms,” says Hallvard Granheim, Executive Vice President Markets & IT.

Keva is Finland’s largest pension provider and it administers the pensions of local government, the State of Finland, the Evangelical Lutheran Church, Kela and Bank of Finland employees. Keva is also a significant real estate owner and the agreement with Statkraft will secure predictable prices for green power to its tenants.

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Lars Magnus Günther
Media Relations