Noatun Åland’s Offshore Wind Projects Move Closer to Construction with Finland-Euroports and Port of Hanko Agreement
Noatun Åland’s offshore wind ambitions took a significant step forward this week with the signing of a letter of intent between OX2, Ålandsbanken Fondbolag Ab, Euroports, and the Port of Hanko Ltd. The agreement sets the stage for transforming the Port of Koverhar in Hanko into a central logistics base for the Noatun Nord and South offshore wind projects.
The deal, signed on April 9 during the WindEurope fair in Copenhagen, outlines plans to use Koverhar as an intermediate storage hub for large-scale components such as foundations and turbines—equipment that existing ports in Åland are currently unequipped to handle.
It’s not just about space—it’s about strategy. Koverhar, with its existing infrastructure and potential for sustainable development, offers a logistical lifeline for the offshore wind push in the Baltic Sea. As the region leans into renewable energy, port capacity and smart storage solutions are becoming as critical as the turbines themselves.
OX2 and Ålandsbanken, operating jointly under the project names Noatun Åland Norra Kb and Södra Kb, have made it clear that this move isn’t just a convenience—it’s a necessity. “Without Hanko, there will be no optimization of business opportunities for Åland,” said Anders Wiklund, Regional Manager at OX2 Åland. His comments highlight the broader vision: this isn’t just a wind farm project; it’s an economic engine for the region.
The Port of Långnäs isn’t left out of the picture. It’s set to serve as the long-term operations and maintenance base for the wind farms. While Koverhar will shoulder the heavy lifting during the construction phase—expected to run between 2030 and 2035—Långnäs will be the lifeline through the project’s projected 40-year operational lifespan.
For Euroports, the agreement signals a deeper role in Baltic offshore energy development. “Offshore wind power is strongly coming up in the Baltic Sea,” noted Philip Berckmans, Strategic Development Director at Euroports. “We hope the Port of Hanko can become a logistics hub for many offshore projects, starting with Noatun.”
What’s clear is that this letter of intent does more than line up logistics. It links Åland’s renewable energy ambitions with southern Finland’s industrial capacity, anchoring a partnership that could define offshore wind construction in the region for the next decade.
