Ålandsbanken completed the acquisition of Murtomäki from YIT.

Ålandsbanken, a commercial bank, completed the acquisition of Murtomäki, a wind farm, from YIT, an urban developer and construction company. Financial terms are not disclosed. “This project strongly supports our climate goals, since the Murtomäki wind farm produces an amount of renewable domestic electricity that is equal to the consumption of approximately 15k single-family houses annually. During the construction and production period, the project also has a significant positive economic impact on the town of Pyhäjärvi. This project is a continuation of our long-term cooperation with Ålandsbanken," Harri Kailasalo, YIT EVP.