Taaleri Energia buys 23.4-MW wind project in Sweden

Wind turbines in Sweden. Author: Arctic Mirror.

December 4 (Renewables Now) - Finnish renewable energy developer Taaleri Energia Ltd said on Monday it has  achieved financial close on a newly-acquired wind project in Sweden with a capacity of 23.4 MW.

The company, through the Taaleri SolarWind I Fund, has purchased the project rights for the so-called Slageryd scheme from a consortium of local developers, using debt by Skandinaviska Enskilda Banken (SEB). The particular wind farm will be installed in the municipality of Vetlanda, southern Sweden, and is planned to be fully operational by the end of next year. Taaleri Energia said it intends to launch construction works immediately.

To be powered by six 3.9-MW turbines by German manufacturer Nordex (ETR:NDX1), the plant is expected to generate around 71 GWh of electricity annually, offsetting around 50,000 tonnes of carbon dioxide (CO2) emissions.

BayWa re renewable energy GmbH, the renewables unit of German diversified group BayWa AG (ETR:BYW6), will be in charge of building the facility under a “fixed-price, date-certain contract.” In addition, it will also have a “long-term day-to-day role” in the plant’s operation following commissioning.

More stories to explore
Share this story
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription