Facts and figures
Facts and figures
About our company
We are a leading Independent Power Producer (IPP) and renewable energy developer in the Nordics. We generate clean electricity sustainably and efficiently from natural sources, wind and sun. With energy storage, we enhance a more flexible energy ecosystem.
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We concentrate on one thing 100% renewable energy
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We have experience from our industry since 2011 and we are here to stay
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We have 4 offices in Finland and Sweden
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We create work 160 FTE working years in construction in 2023
Our employees
Our team consists of the brightest thinkers and doers in the energy sector. Together, we build the future of renewable energy and transforming communities and businesses one project at a time.
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A motivated team of about 80 experts in the energy industry
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Our gender distribution is evening out 67/ 33% men and women in 2023
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We are of different ages 61% of us are under 40 years old
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Giving feedback is important 96% of Ilmatarians answered personnel survey in 2024
Assets & projects
Unlike traditional utility or energy companies, we are involved at every stage of the renewable energy process. We identify, develop, finance, construct as well as operate renewable energy production sites.
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Operational assets 9 renewable energy productions facilities
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Project portfolio >30 GW in wind, solar and energy storage
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In 2023 our total capacity was 433 MW of renewable energy
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We produced 415,292 MWh of renewable energy in 2023
Sustainability work
We are committed to performing our business in the most sustainable way possible. By producing fossil-free energy, we contribute strongly to mitigating climate change. A positive handprint is not enough for us.
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Our operations have a positive climate impact, ktCO2e 163.9 covering emissions of over 17,000 Finns
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We reduce our CO2 emissions by 38% in 2023
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Biodiversity assessment completed for 100% of our permitted projects
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Circular economy – up to 90% of wind turbine parts and solar panels can be recycled
Financials
As an agile and active developer, builder and producer of renewable energy production capacity, with zero fossils legacy, our role in the Nordic clean transition is crucial. While vast investments are required across all energy systems, our ability to enable a faster transition will yield significant economic and environmental benefits.
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Turnover 23.19 million euros in 2023
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Tax footprint 86.81 million euros in 2023
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Raised capital >1 billion euros
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Annual investments to renewable energy ~400 million euros
Over the years our portfolio has expanded
News & Views
Read the latest news, articles and stories on energy transition and clean energy production.
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Article / Company
In Borensberg footballers go for victory
With a 100-year heritage and a wide range of football activities, Borensbergs IF FK is a vibrant sports club that strives to be truly inclusive. To us at Ilmatar, it is important to make a contribution to the community in the places where we develop our projects, and near Borensberg we are currently developing the Olivehult solar park.
16.01.2025
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Article / Company
Solkatterna keeps Karlstad thriving
We aim to be an active part of the local society in the areas where we operate, fostering a sense of belonging and engagement. One of the organizations we sponsor is Solkatterna Speedway, in Karlstad in southern Sweden, close to our two projects in Värmland, Lång and Grums. Solkatterna is a club founded in 1966 where volunteer work plays a significant role. – Without our sponsors, there wouldn’t be any speedway in Karlstad, says Christian Nordin, the club’s vice chairman.
09.01.2025
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Article / Sustainability
Ilmatar engages in shaping Finland’s Maritime Future at National MSP Days
Ilmatar recently participated in the National Finnish Maritime Spatial Planning (MSP) Days. An event marking a significant step towards updating Finland’s National Maritime Spatial Plan, with a focus on integrating the European Green Deal’s objectives.
04.12.2024
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Article / Sustainability
Wind turbine noise much lower than commonly assumed
Wind turbines are becoming an everyday sight in the Nordic landscape, and the energy they produce plays a crucial role in the green transition. Yet wind power is sometimes criticised, for instance, because of the noise it may generate. But how much noise does a wind farm actually make?
03.12.2024