It has signed a framework agreement to co-develop the pipeline with Finnish renewables firm Myrsky Energia.
The deal marks CIP’s first investment in onshore wind in the Nordic countries – though the Danish investor has previously backed a large offshore wind pipeline in its home country with Ørsted.
Myrsky Energia is currently developing more than 5GW of wind projects and 2GW of solar projects in Finland.
It is unclear whether the deal with CIP covers wind projects from this existing pipeline or entirely new projects.
Nischal Agarwal, a partner at CIP, said: “We believe Finland has excellent conditions for large-scale onshore wind projects and a significant ambition to decarbonise by 2035 and achieve energy security.”
Finland shares a border with Russia and – like other European countries – is looking to wean itself off energy imports.
It has 5.9GW of operational wind capacity – the vast majority of it onshore – according to Windpower Intelligence, the research and data division of Windpower Monthly.
