Euroports, Port of Hanko Unveil Plans for Wind Hub in Finland

Business & Finance

March 21, 2024, by Adnan Memija

Euroports and the Port of Hanko have signed a Letter of Intent (LOI) to establish a wind hub at the Port of Hanko in Koverhar, Finland.

According to Euroports, the initiative positions the harbour, situated in the southernmost part of the country, as a central place in the offshore wind supply chain, tackling the critical issue of providing ample and dedicated space.

Spanning 600 hectares of which 90 will be dedicated to port activities, Koverhar Harbour is uniquely equipped to facilitate major wind turbine projects, according to the press release.

“A partnership of this magnitude with Euroports underlines our dedication to renewable energy and environmental stewardship. Port of Hanko and specially Koverhar is a perfect harbour for the assembly and storage of wind turbine components,” said Anders Ahlvik, CEO of Port of Hanko.

The partnership between Euroports and the port signals a significant investment in renewable energy infrastructure, setting the stage for Koverhar to become a pivotal network hub across the whole Baltic Sea region, said Euroports.

“The Letter of Intent with the Port of Hanko enables us to expand our business in renewable energy. By creating a unique wind hub here, we’re not just addressing the immediate needs of the wind energy sector; we’re fostering a sustainable ecosystem that will serve the Baltic region and beyond,” said Petteri Sammalisto, Commercial Director of Euroports Finland.

The news comes shortly after Euroports signed a Memorandum of Understanding (MoU) with Spain’s BlueFloat Energy to advance cooperation in ports infrastructure and supply chain for the delivery of offshore wind in Europe.