Greencoat Renewables invests in 101.1 MW Erstrask South wind project in Norrbotten County
Date
October 26, 2021
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Sweden
Subsectors
Onshore Wind
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Greencoat Renewables has acquired the 101.1 MW Erstrask South wind farm from Enercon in Sweden, its first transaction in the Scandinavian country.
Located in Norrbotten County, the onshore wind farm consists of 26 Enercon E103 and 10 Enercon E126 turbines and was fully commissioned in January 2021. Enercon will continue to provide long-term operations and maintenance services.
The Erstrask South wind farm is part of a large emerging cluster of renewable generation in the Markbygden area, with a potential installed capacity of 4 GW. The wind farm is contracted as a merchant asset exporting electricity into Nordpool. In the future, there is a possibility to contract the produced electricity via a corporate PPA.
