Finnish stainless steel producer Outokumpu has announced that it is participating in the implementation of a wind park in Tornio, Finland.
In a company press release, Outokumpu, a shareholder in wind power producer Rajakiiri Oy, states that Rajakiiri has made a decision to build a 30-megawatt wind park in Röyttä, on the sea coast of the Tornio Works site.
Outokumpu will receive 20 percent of the wind power produced by the park. The company's production site in Tornio is Finland's biggest single electricity user.
By investing in energy production, Outokumpu aims to secure its competitiveness and ensure the supply of reasonably priced energy, the company said, adding that, as part of its energy strategy, the company is investigating the possibilities to increase the share of wind power.
The wind park will start producing renewable energy at the end of 2010. The amount of electricity that will be generated by the park correlates to the consumption of some 5,000 households.