What WPD Finland does

WPD Finland (wpd Suomi Oy) is the Finnish operating subsidiary of the Germany-based international wpd group, specializing in the development, construction, and operation of utility-scale renewable energy projects. Founded in Finland in 2007, the company has built seven operational onshore wind farms and maintains a pipeline of more than ten additional wind, hybrid wind-solar, and battery energy storage projects across Finnish municipalities (including Pyhäjoki, Merijärvi, Kalajoki, Toholampi, Pello, Kemijärvi, Puolanka, Vöyrå, and Nurmes). In June 2026 the company launched the Söderskogen BESS project in Vöyrå — wpd's first battery storage initiative anywhere in the world — establishing Finland as the group's pilot market for energy storage.

The company's core offering covers full lifecycle project development: land lease origination with landowners, Environmental Impact Assessment (YVA) permitting, EPC coordination, grid connection, and long-term operations, supplemented by hybrid configurations that combine wind and solar on the same site. Revenue is generated through three primary mechanisms: long-term Power Purchase Agreements (PPAs) with corporate, industrial, and data center offtakers; recurring land lease payments to landowners; and energy production sales from operational wind assets, with battery storage services positioned as a future revenue stream.

The Finnish subsidiary is small (1-10 employees) but operates with the backing of the global wpd group, which has 7,175 MW of installed capacity, 38,545 MW of wind power under development, 8,015 MW of solar under development, and a footprint across 32 countries. The company sells to a B2B customer base — landowners for site access, and corporate/industrial buyers plus data centers for energy offtake — and is led by CEO Heikki Peltomaa, who concurrently chairs Suomen uusiutuvat ry, the Finnish renewable energy association. A March 2026 corporate restructuring filing by one project vehicle (wpd Karhunnevankankaan Tuulipuisto Oy) introduces an isolated risk to the broader portfolio.

Name

WPD Finland

Legal name

wpd Suomi Oy

Website

https://wpd-finland.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

WPD Finland (wpd Suomi Oy) is the Finnish subsidiary of Germany's wpd group, developing, building, and operating utility-scale onshore wind, solar, and battery storage projects in Finland since 2007, with seven operational wind farms and a multi-gigawatt development pipeline.

Ownership category

akta.pro rank

Product category

Renewable Energy Project Development

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Wind Farm Development & Permitting (Greenfield/Brownfield) (EUACAFAE)

Keywords

• Onshore wind development
• Solar power projects
• Battery energy storage
• Renewable energy infrastructure
• Power purchase agreements

Headquarters

HQ city

Espoo

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. Wind Farm Development and Operation: Full lifecycle revenue from developing, constructing, and operating onshore wind farms. Revenue is generated through energy production sales, with long-term operational contracts.
2. Power Purchase Agreements (PPAs): Long-term electricity supply contracts with corporate and industrial customers, including data centers. Provides renewable energy to offtakers at negotiated rates.
3. Land Lease Agreements: Revenue generated from leasing land from landowners for wind and solar installations. Provides landowners with rental income while the company secures project sites.
4. Battery Storage Systems: New revenue stream through battery energy storage system (BESS) projects, providing grid stabilization and energy storage services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

WPD Finland (wpd Suomi Oy) develops, constructs, and operates onshore wind farms, solar power projects, and battery energy storage systems (BESS) in Finland. The company has built seven operational wind farms since 2007, develops hybrid wind-solar projects, and sells renewable electricity to corporate and industrial offtakers via long-term Power Purchase Agreements (PPAs).

Product overview

WPD Finland is a renewable energy development company offering a portfolio of wind power, solar power, and battery storage solutions. The core offerings include wind farm development (Tuulivoima) with seven operational wind farms built since 2007, solar power development (Aurinkovoima) focused on hybrid projects combined with wind installations, and battery energy storage systems (BESS) including the globally pioneering Söderskogen project. The company provides full-cycle project development services for landowners and power purchase agreements (PPA) for energy customers. The portfolio spans individual wind and solar projects as well as integrated hybrid solutions and energy storage capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Power Development (Tuulivoima)
• Solar Power Development (Aurinkovoima)
• Battery Energy Storage System (BESS)
• Hybrid Energy Projects
• Project Development Services
• PPA Energy Purchase Agreements

Quantifiable outcome

• 7 operational wind farms built in Finland
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• wpd Group (International)coreOthersWPD Suomi Oy is the Finnish subsidiary of the international wpd group, which operates renewable energy projects across Europe, North America, Latin America, and Asia. The group has installed capacity of 7,175 MW and wind power in development of 38,545 MW. WPD Finland benefits from the group's global expertise, capital resources, and best practices while maintaining local market focus.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Eolus Vind: Swedish wind power developer established in 1990 that develops, builds, and sells wind farms in the Nordics and North America. Direct overlap on onshore wind development, permitting expertise, and project-sale / PPA structuring in the Nordic region.
• OX2: Stockholm-headquartered developer of onshore wind, solar, and battery storage across the Nordics and Europe with an active Finnish project pipeline. Closely comparable business model — greenfield development, PPA structuring, and asset ownership — and a directly overlapping customer base of corporate and industrial offtakers.
• Arise: Swedish wind power developer operating a portfolio of onshore wind farms in the Nordics. Comparable as a focused Nordic wind developer with similar project development, ownership, and PPA sale activities.

Regional players

• Helen: Helsinki-based energy company actively building wind and solar capacity in Finland, including PPAs targeted at large corporate customers and district heating integration. Directly comparable as a Finnish-focused renewable developer with strong local market knowledge.

Broad incumbents

• Vattenfall: Swedish state-owned utility developing large-scale onshore and offshore wind in Finland and the Nordics. Comparable as a regulated-adjacent renewable developer and corporate PPA counterparty in the same geography.
• EDF Renewables: International renewable developer with wind, solar, and storage projects across Europe including the Nordics. Comparable in full-lifecycle development model and corporate PPA structuring.
• Statkraft: Norwegian state-owned utility and Europe's largest renewable energy generator, with substantial wind and solar development in Finland and the Nordics. Comparable as a Nordic wind/solar developer and PPA offtaker, though much broader in scale and scope.
• Fortum: Finnish-listed utility with significant wind and solar development activity in Finland. Comparable in geography, customer base (industrial and corporate PPAs), and asset type, though broader across thermal, nuclear, and hydro.
• Iberdrola Renewables: Global renewable developer with onshore wind and BESS activities in the Nordics. Comparable in technology mix and PPA-driven revenue model, though operating at much larger scale across multiple geographies.

Emerging players

• NeNa Energy: Emerging Finnish wind and solar developer with early-stage pipelines targeting corporate offtakers. Comparable as a Finland-focused greenfield developer competing for the same land, permits, and PPA counterparties.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about WPD Finland