Ardian signs a PPA deal with Skelleftea Kraft for the 250 MW Andberg wind project in Sweden

Ardian and Skellefteå Kraft has announced the signing of a 10-year green power purchase agreement (PPA). Skellefteå Kraft purchases approximately one third (250 GWh) of the wind power production of the Åndberg wind farm, located in Åndberg/Härjedalen, Sweden, for 10 years. This wind farm features 53 units of the Nordex Delta4000 and generates enough energy to supply 50,000 households in Sweden. Financial details are not disclosed.

Ardian acquired the wind farm in February this year for EUR300 million (US$327.17 million). The wind farm is currently in construction in a project led by OX2 and will be ready in 2022. The Åndberg wind farm is one of three current wind power investments managed by Ardian’s new sustainable energy investment platform, eNordic.

Since 2007, Ardian Infrastructure has created a sustainable energy portfolio in nine countries around the world totaling 3 GW, including Skyline Renewables in the US (800 MW) and two joint-venture platforms in Italy (460 MW). Ardian Infrastructure’s investment in Kallista Energy, which Ardian sold in 2018, created one of the largest renewable energy platforms in France. Ardian is committed to fighting against climate change and actively seeks to reduce the greenhouse gas emissions of its portfolio companies with a view to build a sustainable economy.