Exilion is investing in a 20 MW / 41 MWh battery energy storage system at its Varevaara wind farm in Tervola. Merus Power has been selected as the technology supplier for the project, which is valued at more than €8 million. The order includes the complete delivery of the energy storage solution, a hybrid controller,
Axpo Nordic and Exilion Tuuli Ky, a Finnish renewable energy investor and producer, have signed a corporate power purchase agreement (PPA), it was announced today. The long-term deal covers the supply of 70 GWh a year of renewable electricity from a wind farm in northern Finland, which will be used to meet the energy needs
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
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
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
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
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 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 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
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
Exilion is an investment and asset management company owned by Finnish institutions. We manage approximately 1.2 billion euros in assets through four limited partnerships, which include ten properties and thirteen wind farms. Exilion Real Estate I Limited Partnership focuses on commercial properties in the metropolitan area. Exilion Asemahotellit Limited Partnership invests in large hotel properties located in popular meeting places. In Turku, we manage the Hansa Shopping Centre through the Kauppakeskus Hansa Limited Partnership. Exilion Tuuli Limited Partnership currently owns thirteen wind farms.
Exilion Management Oy
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