KfW IPEX-Bank finances innovative Wind-BESS portfolio by OX2 in Finland
Germany, Feb. 25 -- KfW IPEX-Bank is taking a leading role as Facility and Security Agent in the banking club alongside Nordea, SEB and NatWest in the financing of a Wind and Battery Energy Storage System portfolio in western Finland. With a total investment volume of around EUR 500 million, this financing supports the construction and operation of three onshore wind farms and two co-located battery energy storage systems. Following the successful financial close of the wind portfolio end of 2025, financial close of the battery storage projects was now reached.The portfolio comprises a total of 277 MW of wind power from 44 Vestas turbines and up to 235 MW of battery storage capacity, across the Kannisto, Korkeamaa, and Salo-Ylikoski project...
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