Flexens Oy Ab signs an LOI with KIP Infra Oy

Flexens Oy Ab and KIP Infra Oy have signed a letter of intent regarding a land lease agreement for a facility with a hydrogen production capacity of approximately 300 megawatts in the Kokkola Industrial Park area. Such a facility would certify a strengthened energy and ammonia self-sufficiency for Finland. Production of mainly green hydrogen and ammonia is meant to start running at the end of 2027.

The facility in Kokkola would mark a concrete step forward for the Finnish hydrogen industry. The facility would also be partially responsible for Europe’s energy needs and ensure self-sufficient fertiliser production.

Furthermore, the Kokkola plant’s 300 megawatts would fulfil a third of the domestic capacity target of 1,000 megawatts as stated in Finland’s climate and energy strategy.

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