Introduction to the project
This funding round supports the early-stage development of the Lapinsalo wind farm, specifically funding wind measurements. These are critical for validating site-specific energy yield and optimizing turbine placement—key steps that ensure long-term performance and environmental integration.
The Lapinsalo Wind Farm is a landmark renewable energy initiative located in Kiuruvesi, Finland. Spearheaded by Valorem Energies Finland Oy, this wind project will include up to 44 turbines, each with a rated capacity of approximately 8 MW. Once operational, the wind farm is expected to generate enough electricity to supply around 190,000 Finnish households, based on an annual consumption of 5,000 kWh.
Though construction will follow under a separate budget, your investment today contributes to one of the most vital stages of the project’s success. In addition to climate benefits, the project brings economic and infrastructure advantages to the local region, including road maintenance and long-term property tax revenue for Kiuruvesi.
Status of the project:
The Lapinsalo project is currently in the early development phase. This means that Valorem is carrying out several studies (environmental, wind yield, engineering) to ensure a suitable set up of the project and to prepare for the permitting and construction. The studies that will be carried out with this bond are focusing on wind measurements that are used for yield estimations and engineering purposes.
Collateral:
The investment is issued by Valorem Energies Finland Oy and is 100% guaranteed by Valorem S.A.S., a profitable and well-capitalized French renewable energy developer with over €1.4 billion in assets on a consolidated group level.
Electricity production:
Supply for 190,000 Finnish households.
Once completed, the Lapinsalo wind farm will include up to 44 wind turbines, each rated at 8 MW.