Euroports Group and the Noatun project companies—jointly owned by OX2 and Ålandsbanken Offshore Wind I LP, a fund managed by Ålandsbanken Funds—have signed a Letter of Intent (LoI) to develop Koverhar Harbour in Hanko as a key logistics hub for the Noatun North offshore wind farm. The LoI also includes an option to support the future Noatun South project.
The Noatun North project is expected to include up to 250 turbines, with a combined capacity of up to 4,000 MW. Use of Koverhar Harbour is planned to begin in 2030. The port already has the basic infrastructure necessary for offshore wind logistics, and with limited modifications and focused investment, it can be adapted to meet project requirements efficiently. The LoI sets out a framework for assessing storage, assembly and logistics needs. Separately, the Port of Hanko and Euroports have entered into an exclusive agreement to explore long-term development of Koverhar Harbour to support offshore wind sector growth.
