Helen Oy and Ålandsbanken Abp (HLSE:ALBAV) agreed to acquire Niinimäki wind farm in Finland from OX2 AB (publ) (OM:OX2) on November 28, 2022. Construction of the Niinimäki wind farm will begin immediately, and the project is expected to be completed by the end of 2024. The wind farm will consist of 22 turbines and have a total installed capacity of 145 MW.

ICECAPITAL Securities Ltd acted as a financial advisor to Helen Oy.