Brookfield hires ex-Bank of England chief - Vestas secures Finnish order

Brookfield Asset Management hires Mark Carney, while Vestas will supply 86MW Finnish project

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Former Governor of the Bank of England Mark Carney has joined investor Brookfield Asset Management to oversee the firm’s investment strategies.

Carney will serve as the company’s vice chair and head of ESG (environmental, social and governance) and impact fund investing.

Brookfield CEO Bruce Flatt stated that Carney will help the investment firm to “combine better long-term outcomes for society with strong risk-adjusted returns”.

To date, the company has invested in nearly 20GW of operational renewable energy capacity and has 18GW in development globally through its Brookfield Renewable Partners unit, it stated.

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Vestas has secured an order to supply 20 of its V150-4.2MW turbines in 4.3MW power-optimised mode to CPC Germania’s 86MW Lakiakangas III wind farm in Southern Ostrobothnia, western Finland.

It will also service the turbines for 20 years.

Turbine delivery is expected to be completed by the second half of 2021.

CPC Germania had secured a power contract for Lakiakangas III in Finland’s technology-neutral auction scheme in 2019.

Vestas had previously provided turbines to the first two phases of CPC Germania’s Lakiakangas wind complex.

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Goldwind and Lacour Energy have secured buyers for output from a 348MW portion of their 450MW Clarke Creek wind farm in Queensland, Australia. 

The Queensland Government and the Stanwell Corporation – a state government-owned energy company – will buy output for 15 years. 

Construction is planned to start in mid-2021.

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