The Fortum-Rusnano wind investment fund has committed to a 100 MW wind power project in Russia. In the United States, the largest U.S. wind-energy company, First Wind, is investing $450 million for an offshore wind farm off Long Island, New York. Fortum-Rusnano will receive a guaranteed price of RUB7,000-8,000 per MWh for 15 years under the capacity supply agreement for the wind parks.
The Fortum-Rusnano wind investment fund has committed to a 100 MW wind power project in Russia. The third enterprise announced as part of the fund's total 1,823 MW award from two Russian wind auctions in 2017 and 2018, the latest scheme is expected to open in H1 2020. Fortum-Rusnano will receive a guaranteed price of RUB7,000-8,000 per MWh for 15 years under the capacity supply agreement for the wind parks.