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.
The facility is part of a 4GW-plus wind cluster in the northern Piteå municipality. The scheme consists of 314 turbines split in three separate projects, the biggest of which is the 650 MW (first phase), 179-turbine Markbygden ETT park, currently under construction.
The turbines will be provided by GE, and will be installed by NCC Sverige. For 15 years, Svevind owned the project until it was acquired by GIG and Macquarie in November 2017.
Having all the permits approved, the Markbygden is due to be completed by the end of 2019.
Country updates
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July 17, 2018
EnBW to build the Råmmarehemmet wind project in Sweden
German company Energie Baden-Württemberg AG (EnBW) is set to build the 11 MW Råmmarehemmet wind project to be located in the southern town of Tidaholm in Västra Göt...
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June 26, 2018
The project has been sold to a third party for further exploitation
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June 21, 2018
The Land and Environment Court of Appeal in Sweden has approved the 442-turbine third phase project of Svevind’s Markbygden wind farm complex
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May 23, 2018
St1 and SCA form partnership to produce renewable fuels
Helsinki-based energy company St1 and Swedish forest products company SCA have formed a partnership to develop renewable fuels from tall oil.
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May 18, 2018
Vestas, Vattenfall and PKA to develop 353 MW wind farm in Sweden
Vattenfall has announced that Vestas and PKA, the Danish pension fund, are investing in the Blakliden/Fäbodberget wind project in Sweden. The project involves the development...
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