The company said it plans to file the application for planning permission within 24 months. The site has excellent wind conditions and is situated on the west coast of Scotland.
If successful, construction can begin in 2016.
In a written statement Arise said the agreement is in line with the company’s strategy of diversification by developing major wind farms outside Sweden both independently and in partnership with other long-term investors.
Argyll Estates is situated in the west of Scotland and the size of the estates is more than 30,000 hectares.
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