Vattenfall and German-based Aquila Capital have signed 15-year agreements for wind power and balancing services for the 163 MW Kråktorpet wind farm in northern Sweden, located approximately 50km west of Sundsvall.
Under a long-term power purchase agreement (PPA), Vattenfall will purchase and manage the output of the wind farm, currently under construction. Vattenfall will also provide balancing services as well as market access and management of “green certificates” (Guarantees of Origin).
The wind farm will consist of 43 3.8 MW turbines, with an estimated yearly energy output of 570 GWh. This will be sufficient to power approximately 120,000 Swedish households. It is planned to be operational in October 2019.
Country updates
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September 24, 2018
Arise announces the acquisition and subsequent sale of a 37 MW wind farm in Sweden
Arise AB has announced that it has exercised its option right to acquire the 37 MW Enviksberget wind farm, located in Falun municipality, Sweden, from Dala Vind AB. Subsequently, Arise has entered int...
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September 21, 2018
re:cap global investors enters agreement with Arise for Bröcklingeberget wind project acquisition
Arise has entered into an agreement with a fund managed by re:cap global investors, a Swiss based asset manager, for the sale of the appr. 45 MW wind farm Bröcklingeberget. Arise has pe...
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September 11, 2018
Work starts on Sweden's largest solar park
Work starts for the largest solar park in Sweden. The plant is located near Säve airport and is part of a major investment in solar energy, made by the Swedish utility Göteborg Energi. ABB...
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September 06, 2018
First State Investments agrees to acquire Swedish gas transmission system operator Swedegas
The European Diversified Infrastructure Fund II (EDIF II), managed by First State Investments (First State), has agreed to acquire Swedish gas transmission system operator, Swedegas from the Spanish a...
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August 31, 2018
Munich Re takes control of 79 MW wind farm in Sweden
Eolus has completed the 79 MW Jenåsen wind farm, located in Sundsvall municipality, Sweden. The wind farm comprises 23 Vestas V126 3.45 MW wind turbines. In May 2017 Eolus s...
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