wind

Greencoat Renewables to Acquire 134.4MW Ersträsk North Wind Farm in Sweden

0
Greencoat Renewables, the renewable infrastructure company invested in euro-denominated assets, announces an agreement to acquire the 134.4MW Ersträsk North wind farm in Norrbotten County, Sweden from Enercon on a forward sale basis.
Greencoat Renewables to Acquire 134.4MW Ersträsk North Wind Farm in Sweden
Courtesy of Greencoat Renewables

The wind farm is currently under construction and is expected to be fully commissioned in Q4 2023. Once operational, Enercon will provide long term operations and maintenance services. Ersträsk North will initially operate as a merchant asset but has the flexibility in the future to contract the electricity produced via a corporate PPA.

This is the Company’s second acquisition in this location, having acquired Ersträsk South wind farm in October 2021, and will bring Greencoat Renewable’s overall capacity on this site to 235MW.

Paul O’Donnell, Partner at Greencoat Capital, the Investment Manager, said,“We are delighted to partner with Enercon and agree to acquire the Ersträsk North windfarm.

"Sweden is becoming a major hub for green energy, with the combination of low-cost generation and a number of attractive routes to market.

"As the renewable generation market continues to develop, we expect to see greater opportunity in the unsubsidised renewables market and believe Greencoat Renewables is well positioned to benefit both across mainland Europe and in Ireland.”

Add a comment
¡Suscríbete!
Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).