COPENHAGEN (Reuters) – Sweden’s Vattenfall on Tuesday said it had entered a joint venture with Finland’s state-owned land administrator Metsahallitus to build the country’s first large offshore wind farm.
The project, estimated to cost between 2 billion and 3 billion euros ($2.1 billion-$3.2 billion), will have a capacity of 1.3 gigawatts (GW) which is equivalent to more than 250,0000 electricity heated houses in Finland, it said in a statement.
($1 = 0.9416 euros)
(Reporting by Stine Jacobsen, editing by Terje Solsvik)
