Energiequelle GmbH feeds first kilowatt hour into the Finnish grid

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– Paltusmäki wind farm goes into operation

Helsinki/Paltusmäkin (renewablepress) – This is a milestone in the company’s
history. After entering the Finnish market four years ago, the first kilowatt
hour (kWh) produced by Energiequelle will be fed into the Finnish electricity
grid this week. The electricity comes from the Paltusmäki wind farm in the
Northern Ostrobothnia region, three kilometres from the coast of the Gulf of
Bothnia. Five Enercon L-147 turbines with an output of 4.3 MW and a hub height
of 132 metres are currently being built here. Three plants have already been
constructed and will begin their test run this week. The wind farm is expected
to supply around 75.5 million kWh of sustainable electricity annually in the
future.

Gregor Weber, board member of the Finnish subsidiary Energiequelle OY, is
proud of his team`s success: “In 2015, we decided to enter the Finnish market.
Today our first project goes live and another 800 MW are under development.
This exceeds my expectations by far. My special thanks go to the entire
Finnish team, which has done an excellent job in recent years, as well as to
our employees in Germany, who permanently support the work on site with their
know-how. “From one initial employee, the Helsinki team has now grown to
eight employees – including purchasers, site managers, project developers and
assistants”.

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There are many different reasons why Energiequelle decided to come to Finland
and have ultimately succeeded here. “Above all, there are good wind and
planning conditions in Finland, enabling us to build at market conditions
without state subsidies. In Paltusmäki, remuneration is regulated by a Power
Purchase Agreement (PPA),” says Nils Borstelmann, Country Manager in Finland.

In addition to its Finnish subsidiary and eleven locations in Germany,
Energiequelle also has three additional branches in France. Looking ahead, the
company wants to gain a foothold in at least two other markets by 2025. The
current annual turnover amounts to almost EUR 100 million and the company
employs more than 250 people in total.

Energiequelle

Since 1997, Energiequelle GmbH has been active internationally as a project
manager and operator of wind energy, biomass and photovoltaic plants as well
as substations and storage facilities. The headquarter of Energiequelle is in
Kallinchen near Berlin, further locations are in Bremen, Oldenburg, Hanover,
Putlitz, Penzing, Erfurt, Dresden, Rostock, Leipzig, Guntersblum as well as
Rennes, Dijon and Royan (France) and Helsinki (Finland). With more than 250
employees and more than 750 plants built with a total output of around 1,400
MW, Energiequelle is a leading company in the industry.

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