Exilion, a renewable energy investor owned by Elo, the State Pension Fund of Finland and Veritas, has decided to invest in the construction of a ground-mounted solar power plant in Simo. The construction is scheduled to begin in the spring with Solarigo Systems Oy as the designer and constructor of the project. Exilion intends to
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Exilion to renew Eliel Square’s hotel in Helsinki
Scandic Hotels has signed a long-term agreement with landlord Exilion to extend the agreement and rebrand the Holiday Inn City Centre in downtown Helsinki. Since acquiring Restel in 2017, Scandic has operated the hotel under a lease agreement with Exilion and a franchise agreement with IHG. From 2025, the hotel will be operated under the
Exilion’s real estate business achieved carbon neutrality in energy use in April 2022 – new sustainability report published
In accordance with the GHG Protocol, Exilion’s real estate business has been carbon neutral in terms of energy use since April last year. In properties managed by Exilion, which consist of the commercial buildings of KOy Itämerentori and KOy Eliel, energy consumption decreased by 14% from the previous year. As a responsible property owner, we
Exilion Tuuli paid a total of 2.5 million euros in real estate taxes to municipalities – Exilion Tuuli’s responsibility report published
In addition to the production of renewable energy, wind power also benefits society through employment effects and tax revenues. Exilion Tuuli’s recent responsibility report shows that, for example, about 5.2% of the tax revenue of the municipality of Luhanga was made up of the real estate tax paid by Exilion’s wind farms in 2022. In
Exilion and BayWa r.e. – one of the world’s leading operators in wind power – to collaborate on Karhakkamaa’s wind farm project
A wind farm consisting of 48 wind turbines is planned for Tornio’s Karhakkamaa area. Exilion has entered into a cooperation agreement with BayWa r.e., one of the largest wind power operators in the Nordic countries, whereby BayWa r.e Nordic participates with a 50% share in the Karhakkamaa project. Exilion Tuuli, a company investing in renewable
Exilion Tuuli expands to the production of solar power
Exilion Tuuli invests in renewable energy. The company, which is owned by Elo, the State Pension Fund of Finland and Veritas, is developing a new solar power plant in Simo. The new facility will be located next to the current wind farms and energy storage in Ii and Simo. The ground-mounted solar power plant is
Exilion wind to invest and build two new wind farms in Ii in northern Ostrobothnia
Exilion Tuuli Ky, owned by p Elo, the State Pension Fund of Finland and Veritas, invests in renewable energy and will build two new wind farms in the Municipality of Ii in northern Ostrobothnia. The wind farms will be called Isokangas and Palokangas, and their shared capacity will be 100 MW. The Isokangas wind farm
THE NEW EXTENSION BUILDING OF SCANDIC GRAND CENTRAL HELSINKI WINS THE CONCRETE FAÇADE OF THE YEAR 2021 AWARD
Architecture office Futudesign Oy has won the Concrete Façade of the Year 2021 award for the design of the extension to Scandic Grand Central Helsinki. Hotel Scandic Grand Central Helsinki, opened in April 2021, has received the highly esteemed Concrete Façade of the Year 2021 award. The jury praised the exemplary execution of the new
The Original Sokos Hotel Helsinki at Kluuvikatu to be renovated
The Original Sokos Hotel Helsinki, which has been operating in the heart of Helsinki since 1930, will go under renovations starting on 30 November. The hotel will be closed for the duration of the renovation and will be reopened in summer 2022. The entire building of Original Sokos Hotel Helsinki will be renovated, as well
Exilion becomes Finland’s largest producer of wind power – the deal with St1 confirmed
The deal on the production of wind power between Exilion Tuuli Ky and St1 has been confirmed. Exilion is owned by Finnish employee pension companies and invests in renewable energy. The company acquired eleven already operating wind farms from St1 with a total power of 315 MW. The sale also includes development projects with an