The project team consists of OX2, the Bank of Åland, the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, EuroMekanik and other consultancies.
OX2 is a renewable energy development company and along with the Bank of Åland’s mutual fund subsidiary Ålandsbanken Fondbolag is building the Noatun North and Noatun South offshore wind power projects.
The projects are located near Finland’s Åland archipelago in the Baltic Sea and are a catalyst for the feasibility study into creating a green mega port at the port of Långnäs in Åland. The feasibility study is planned to take one year and will consider practical, technical and financial factors.