Ilmatar’s headquarters has relocated to new premises in Helsinki. The company’s new headquarters can be found in one of the most recognizable landmark buildings in the city, the "Sugar Cube," a building designed by Alvar Aalto, located in Katajanokka at the address Kanavaranta 1, 00160 Helsinki. Ilmatar occupies the fourth and fifth floors of the building. Read More
Ilmatar’s investment decision, reported in December 2023, regarding the significant-scale Pahkakoski wind farm shows the trust placed in Ilmatar by lenders and company’s ability to secure financing for its renewable energy projects. Read More
All the 36 wind turbines in Ilmatar’s first hybrid park in Alajärvi have been commissioned for commercial production. The wind turbines are a part of the unique 370-megawatt hybrid complex where Ilmatar is also planning to build a significant scale solar farm and energy storage solution. Read More
Ilmatar has once again initiated a new wind power production complex for commercial operations. The Västervik and Isokeidas wind farms are generating renewable energy with 14 turbines, totalling nearly 87 megawatts (MW) of nominal capacity. The production equals up to 100,000 apartment units’ yearly electricity consumption. Read More
Ilmatar and the Finnish company Polar Night Energy, known for its sand battery innovation, are developing renewable energy storage solutions to maintain and enhance the balance of the electrical grid. Read More
Ilmatar, a Nordic energy company and Independent Power Producer (IPP), has made a final investment decision to build a 30-turbine wind farm in Pahkakoski, in municipality of Ii, approximately 60 kilometers North-East from Oulu, Finland. Read More
The Korpilevonmäki wind farm is being built in the Säkylä area of Southwest Finland. It will generate a nominal capacity of 38.4 megawatts (MW), and production is set to commence in 2026. An electricity purchase agreement (PPA) has been signed for the wind farm's electricity. Read More
In the summer of 2023, Ilmatar conducted its second Siqni employee survey. The results were once again very positive, and Ilmatar was awarded the Future Workplaces certificate for the second year in a row. Almost all Ilmatar employees 96% (2022: 91%) responded to the survey, and the certification shows an outstanding company culture with content employees and excellent understanding of employees. Read More
Ilmatar, a Nordic energy company and Independent Power Producer (IPP), has secured a milestone group level debt financing package of 500 million euros in a… Read More
Electricity production in Ilmatar's Palma Wind Park in Somero, southern Finland, has commenced. The project was completed ahead of schedule. Read More
