Vestas booked three Finland orders from developer OX2 AB totaling 277 MW of EnVentus turbines—Kannisto (124 MW: 20×V162-6.2 MW), Korkeamaa (108 MW: 15×V162-6.4 MW + 2×V162-6.2 MW) and Salo‑Ylikoski (45 MW: 7×V162-6.4 MW)—each paired with a 25-year AOM 5000 service agreement. Deliveries and commissioning are scheduled to begin in Q2 2027 (Kannisto commissioning expected in Q3 2027), representing Vestas’ Q4 order intake and enhancing long-term service revenue visibility while strengthening its onshore presence in the Finnish market.
Vestas announced three Finland orders from developer OX2 AB totaling 277 MW as part of its Q4 order intake: Kannisto (124 MW, 20 x V162-6.2 MW), Korkeamaa (108 MW, 15 x V162-6.4 MW plus 2 x V162-6.2 MW) and Salo-Ylikoski (45 MW, 7 x V162-6.4 MW). Each project is paired with a 25-year AOM 5000 service agreement and deliveries and commissioning are planned to begin in Q2 2027, with Kannisto commissioning scheduled to start in Q3 2027. The multi-decade service contracts materially enhance long-term recurring revenue visibility given Vestas reports more than 159 GW under service and 197 GW installed globally, reinforcing its onshore aftermarket scale. Market signals show a mildly positive sentiment (0.35) and modest market impact (0.28), but near-term revenue recognition will be limited because physical delivery and commissioning are scheduled in 2027, exposing outcomes to execution and timeline risk such as logistics, permitting or supply-chain delays.
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Request a DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
