Korkia

Korkia Oy is a privately owned Finnish company established in 2006 and headquartered in Helsinki, with offices in London, Milan and Santiago de Chile. It invests in the development phase of utility-scale solar, onshore wind and battery storage projects. It develops them through development companies jointly owned with local developers, and it sells projects once they are permitted, as it did with two solar projects in Italy in January 2026. Korkia reports more than 160 projects in development across 14 development companies in eight markets, and it has raised more than EUR 215 million for its renewable energy business since 2021. Pauli Mäenpää is the CEO.

In Finland, Korkia develops projects with Semecon Oy of Ylivieska through Finnish Renewables and the joint venture Korkia Semecon Finland Renewables. The two companies are developing a data center campus at Malakakangas in the Kukonkylä area of Sievi, where they also develop a hybrid wind, solar and battery storage park, and a data center site in the Junnikankangas industrial area of Ylivieska.

Korkia History:

• In September 2026, KSFR Junnikankangas DC Oy reserved a plot in the Junnikankangas industrial area of Ylivieska for a data center.
• In June 2026, the Sievi municipal board accepted the zoning initiative of FR Malakakangas DC Oy for a data center campus in Kukonkylä.
• In January 2026, the building permits for the wind turbines and battery storage of the Malakakangas hybrid park in Sievi became final.
• In July 2024, Korkia and Semecon formed the joint venture Korkia Semecon Finland Renewables Oy.
• Founded in 2006 in Helsinki.