VALOREM reaches target in one week with first ever crowdlending campaign in Finnish renewables

For the first time, renewable energy company VALOREM has brought crowdlending to Finland, offering citizens a way to invest in a wind power project. Just one week after launch, the campaign successfully reached its target of €250,000.

VALOREM Energies Finland launched the country’s first crowdlending campaign on 12 May in Kiuruvesi. The campaign reached its €250,000 goal in a record seven days. It was hosted on the Finnish investment platform Invesdor, with the first week targeted specifically at local residents.

The campaign’s rapid success reflects a growing public interest in renewable energy at the local level and strengthens VALOREM’s commitment to social responsibility. Crowdlending allows more people to share in the financial benefits of a project. The funds will be used for wind measurement activities for the Lapinsalo wind power project, which is currently in the development phase in Kiuruvesi.

– We are truly grateful for the trust and interest shown by our investors. The speed at which the campaign filled shows that Finnish people are ready to support real climate action and want to be part of building a cleaner energy future. We look forward to expanding this model to other projects as well, says Minna Jukola, Country Manager and Chair of the Board at VALOREM Energies Finland.

– This campaign has taught us a great deal about Finnish enthusiasm for investing in renewable energy. From the beginning, the Lapinsalo project sparked exceptional local interest — exactly as we had hoped. It’s inspiring to see private citizens wanting to be involved not just in words, but in concrete action, says Mari Lymysalo, CEO of Invesdor Nordics.

The success of the campaign sends VALOREM a strong message: these projects enjoy broad public support at the local level. According to Minna Jukola, the company intends to continue strengthening public acceptance of renewable energy through close collaboration with landowners, municipalities, and local stakeholders.

From Kiuruvesi’s perspective, the Lapinsalo project is a clear example of the long-term local benefits of wind power. The wind farm is expected to operate in the region for up to 35 years, generating tens of millions of euros in property tax revenue. With a total investment in the hundreds of millions, the project is economically significant not only for Kiuruvesi and the region, but for all of Finland. It will also support local employment during construction (e.g. accommodation, logistics, maintenance).

For hunters, berry pickers and outdoor enthusiasts, the project will improve year-round accessibility to the area, as all access roads within the wind farm will be maintained throughout the year.

The Lapinsalo wind farm will include up to 44 wind turbines, each with a nominal capacity of around 8 MW. Together, they are expected to generate renewable electricity for the annual consumption of approximately 190,000 Finnish households, assuming 5,000 kWh per household per year.

For more information
Mikko Niimes
Communications Manager
VALOREM Energies Finland Oy
mikko.niimes@valorem-energie.com +358 40 533 2931

Mari Lymysalo
CEO
Invesdor Nordics
mari.lymysalo@invesdor.com
+358 40 356 6160