The Ministry of Economic Affairs and Employment of Finland has granted licences for two offshore wind sites in the country’s exclusive economic zone to the Finnish energy company Ilmatar Offshore (EEZ). The first site is roughly 30 km from Jakobstad, and the second is located around 70 km southwest of Vaasa. Total area of the two locations is about 700 sq km. Ilmatar has named the projects Voima and Norrskär. These projects, which span 323 sq km and 389 sq km, are in the coastal waters of Ostrobothnia. Ilmatar stated that the preconditions were deemed to be “very good,” despite the fact that it is still too early to estimate the capacity and number of turbines that can be erected in the two sites.

In October 2022, Ilmatar Energy announced plans to develop a 200 MW wind farm in the Vermassalo area of Virrat in Northern Pirkanmaa, Finland. The wind power project would be built on nearly 3,200ha of land owned by Finsilva, a forestry and natural capital company. According to the reports, around 20 to 25 wind turbines could be included in the Vermassalo wind power project in total. By the end of 2022, a planning and permit process for the project is anticipated to start. The site’s construction activities are scheduled for 2025–2026, and between 2027 and 2028, the wind farm is anticipated to start producing clean energy.