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Finnish real estate firm Sponda signs local wind PPA with Helen

Monday, 03 May 2021

Finnish real estate asset management company Sponda signs PPA with Helen to supply wind power for the electricity consumption of Sponda’s properties. 

From 2022 onwards, the wind power used by Sponda will be generated at Helen’s new Lakiakangas wind farm, which will be constructed in Ostrobothnia. The agreement between Sponda and Helen covers 50% of Sponda’s total electricity consumption. The rest of the required electricity will be obtained from other Nordic wind farms. The electricity is ensured to be generated by wind power through guarantees of origin, which are issued to electricity that is produced from renewable energy sources.

"Wind power is renewable and emission-free energy, and it plays an important role in the achievement of climate targets. In addition, it contributes to domestic energy self-sufficiency. As a major operator in the real estate sector, we have the opportunity and duty to support the work to mitigate climate change. It is great that we can advance the achievement of our sustainability targets together with Helen," said Pirkko Airaksinen, Sustainability Manager at Sponda.

The new wind power agreement supports Sponda’s goal of emission-free electricity supply.


  • Lakiakangas 3 will consist of 20 wind turbines, with a power output of 86 MW.
  • The foundation work started in the summer of 2020.
  • Energy generated by the new wind farm will be available to Helen’s customers in 2022.

Source: Helen’s new wind power farm will be built together with clients | Helen