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Finland covers more than a quarter of its electricity from wind. klimaVest invested in this market early and acquired four wind farms with a total capacity of 172.8 MW between 2021 and 2024.  

Key figures

  • Wind farms in portfolio: 4 attachments
  • Installed capacity Finland: 9,433 MW (end 2025)
  • Operation Manager: Energy source/wpd
  • Total volume: 172.8 MW
  • Wind share of electricity: > 26% (2025)
  • Total wind turbines: 34 turbines
  • In the portfolio since: 2021 (first purchase)
  • Climate target Finland: Climate neutral 2035
  • Technical aspects: Onshore wind

Energy market in the fast lane

At the end of 2025, 9,433 megawatts (MW) of wind power were installed in Finland - distributed over 2,002 turbines. In 2025 alone, 1,023 MW were added.1 For comparison: In 2021, the total capacity was just under 3,200 MW. In less than five years, Finland has tripled its wind power inventory.

There is no state stimulus behind this dynamic: Since 2019, 70 percent of all new wind capacity in Finland has been built without subsidies - purely market-driven, financed through long-term power purchase agreements (PPAs) and spot market revenues.2 This makes the Finnish wind market structurally more robust and more independent than many other European markets. 


 

Wind overtakes hydro power - a turning point

In 2024, wind power generated 19.8 terawatt hours (TWh) of electricity in Finland - equivalent to 24 percent of total electricity consumption. As a result, wind overtakes hydropower and becomes the country’s second-largest source of electricity, behind nuclear power.3 In 2025, the share of wind continued to grow to over 26 percent - with almost 89 percent of all electricity coming from low-emission sources at the same time.4

The technological quality of the expansion is particularly remarkable: In 2024, onshore turbines with an average rated output of 6.0 MW were installed in Finland - the EU-wide peak.5 This is made possible by the wide, sparsely populated areas in north-eastern Finland as well as the strong winds on the Bottnic Sea Coast, which can also be felt ten to twenty kilometres inland. 

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klimaVest’s Finland portfolio

klimaVest has been active in Finland since 2021 and has consistently built up since then: four wind farms in three years, primarily acquired in cooperation with the internationally active project developer Energiequelle. 

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1Renewables Finland (Suomen uusiutuvat ry): Wind power statistics 2025, 8. Januar 2026. https://suomenuusiutuvat.fi/en/wind-power-statistics-2025/

2Renewables Finland (Suomen uusiutuvat ry): Wind power statistics 2024, Januar 2025. https://suomenuusiutuvat.fi/en/wind-power-statistics-2024/

3Baltic Wind / Renewables Finland: Wind Power Emerges as Finland’s Second-Largest Source of Electricity, 29. Januar 2025. https://balticwind.eu/wind-power-emerges-as-finlands-second-largest-source-of-electricity/

4Low Carbon Power: Finland Electricity Generation Mix 2025 (Datenquellen: EIA, ENTSOE, Eurostat, IEA; Abruf April 2026). https://lowcarbonpower.org/region/Finland

5WindEurope: Wind energy in Europe – 2024 Statistics and Outlook, 2025. https://windeurope.org/intelligence-platform/product/wind-energy-in-europe-2024-statistics-and-the-2025-2029-outlook/

6Finnish Ministry of Environment: Finland’s national climate policy / Climate Change Act 2022; ergänzt durch Treasury Finland – Carbon Neutral Finland 2035 (Stand Okt. 2025). https://ym.fi/en/finland-s-national-climate-change-policy

7Commerz Real / klimaVest Portfolio: https://klimavest.de/de/portfolio/

8Sweco Finland: Wind power in Finland – Onshore and offshore pipeline (Abruf Mai 2026). https://www.sweco.fi/en/energy/wind-power/wind-power-in-finland/

9Ember: European Electricity Review 2026 – Wind and solar generated more power than fossil fuels in the EU for the first time in 2025, 22. Januar 2026. https://ember-energy.org/latest-updates/wind-and-solar-generated-more-power-than-fossil-fuels-in-the-eu-for-the-first-time-in-2025/