Macquarie’s Green Investment Group (GIG) has reached financial close on the acquisition of the Buheii Onshore Wind Farm from the world’s largest independent renewable energy company, RES. This 79.8 MW project is situated in Kvinesdal, southern Norway.
Once operational, the project would provide power to Eramet Norway until 2038, ensuring stable and long-term power supply to Eramet Norway's Norwegian smelters.
Norwegian construction group Risa AS is commissioned to carry out all groundwork on the project.
The wind farm will comprise 19 Vestas V150 turbines which will produce enough low-carbon electricity to displace an estimated 15,000 tonnes CO2e emissions every year. Over the lifetime of the project, it will help reduce emissions by 375 kt CO2 emission.
Country updates
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April 01, 2020
Nordex to deliver turbines for 51 MW Lutelandet wind project
The Nordex Group has received an order for its new Delta4000 turbines, with their 5 MW+ rated power, in Norway. The manufacturer will supply nine N149/5.X turbines for the Lutelandet wind farm. The pr...
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March 26, 2020
Nordex Group to deliver turbines for 400 MW Oyfjellet wind project in Vefsn
The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class. The Nordex Group will supply and install 72 N149/5.X turbines, with 105-meter steel towers, a...
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February 04, 2020
Falck signs PPA for 50 MW Hennoy wind project in Bremanger
Falck Renewables S.p.A., through its subsidiary Falck Renewables Vind AS, has signed a Power Purchase Agreement (PPA) to sell 70% of the electricity produced by its Hennøy wind farm (Norway) to...
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January 23, 2020
Fortum divests 80% ownership of 500 MW Nordic wind portfolio to CSEIP
Fortum and Credit Suisse Energy Infrastructure Partners (CSEIP) have signed an agreement whereby funds advised by CSEIP will acquire an 80% stake in Fortum’s Nordic wind portfolio. Fortum will...
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January 21, 2020
Green Investment Group enters into power agreements with Eramet Norway
Macquarie’s Green Investment Group (GIG) has entered into two long-term power purchase agreements (PPAs) with Eramet Norway, to provide a stable and long-term power supply to Eramet Norway's Nor...
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