wind

Siemens Gamesa, Arise and Foresight team up again for new Swedish project

Siemens Gamesa, Arise and Foresight Group will collaborate for another major project in Sweden - the 277 MW Kölvallen wind farm - which will feature 41 units of the SG 6.6-170 turbine and one SG 6.6-155 machine – after which the project will be acquired by Foresight Energy Infrastructure Partners, Foresight Group’s flagship energy transition fund.
Siemens Gamesa, Arise and Foresight team up again for new Swedish project
Skaftaasen. Courtesy of SGRE.

The site is 15 km from Skaftåsen where the Skaftåsen project, led by the three companies, is currently being installed. It is the first project to use the Siemens Gamesa 5.X platform for developer Arise and infrastructure investor Foresight Group and is expected to be installed in early 2025, to be covered by a 35-year service agreement to ensure optimal operations.

The contract between the parties is also noteworthy for its lengthy 35-year service contract, assuring the machines operate to the best of their capacities over their lifetime. They will sit on towers of 135 metres for the SG 6.6-170 turbines, and on a 122.5-metre tower for the SG 6.6-155 version.

“This project feels like an extension to the Skaftåsen project, being physically close, and allowing us to work alongside our partners Arise and Foresight to extend our collaboration further” said Clark MacFarlane, CEO of Siemens Gamesa’s operations in Northern Europe and the Middle East. “This project is another strong endorsement for the Siemens Gamesa 5.X platform. Between Skaftåsen and Kölvallen the two wind farms will provide significant green energy for Sweden.”

Per-Erik Eriksson, CEO at project developer Arise, added that the wind farm will produce almost 1 TWh of renewable power per year, which is a material contribution to the Swedish power balance and also an important measure to mitigate climate change.

Commercial bank NORD/LB provided a financing package as the sole Mandated Lead Arranger to support the construction of the wind farm with Foresight advised by Newsec Infra on the debt structuring of the deal.

For additional information:

Siemens Gamesa Renewable Energy (SGRE)

Arise

Foresight Group

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