Centrica plc subsidiary Neas Energy has signed a 10-year deal for Centrica Energy Marketing & Trading to provide balancing and power trading for the 235 MW Överturingen wind farm located in central Sweden. The project was developed by Green Investment Group (GIG) and SCA Energy AB (SCA) and will comprise 56 Siemens Gamesa 4.2 MW turbines.
Neas Energy will provide all route-to-market services for the wind farm which will include physical balancing and trading of the power production on the Nordic electricity exchange as well as the offtake of El-certificates and Guarantees of Origin.
Part of the agreed route-to-market services will be to deliver electricity to the aluminium producer Norsk Hydro via a historical 29-year Corporate PPA agreement for a majority share of the electricity generated by Överturingen.
Country updates
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August 01, 2018
TRIG launched talk for stakes acquisition in Ersträsk wind project with Enercon
The Renewables Infrastructure Group Limited (TRIG) has launched talks with Enercon for the acquisition of equity interest in the 229.1MW Ersträsk onshore wind farm. The project is...
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July 23, 2018
Siemens Gamesa to provide turbines for 235 MW wind project in Sweden
Green Investment Group, a business of Macquarie Capital, has selected Siemens Gamesa to provide turbines for the 235 MW Overturingen wind project in the Ange Municipality of Vasternorrland,...
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July 23, 2018
GIG closes over US$300 million financing for Swedish wind project
Green Investment Group (GIG), the specialist green energy principal investment business of Macquarie Group, has closed EUR270 million (US$316.4 million) financing for the 235 MW &O...
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July 18, 2018
CGN acquires 75% in the 650 MW Swedish wind project
China Guangdong Nuclear Power Group (CGN) has acquired 75% stake in the 650 MW Markbygden complex in Sweden, owned by a joint venture (JV) between GE Financial Services and Green Investment Group. Th...
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July 18, 2018
Macquarie Group, General Electric sells 75% stakes in North Pole wind project to CGN
China General Nuclear Power Corporation (CGN) has acquired a 75% stake in the 650 MW North Pole wind project from Macquarie Group and General Electric. The project involves the dev...
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