Swedish state-owned energy group Vattenfall AB and Skandia have inaugurated the 38-MW Hoge Vag wind farm in Sweden’s Kristianstad municipality, Vattenfall announced on Thursday.
The wind park consists of 18 Gamesa turbines, the early production of which is estimated at 107 GWh, enough to power 21,500 homes. It is the result of a partnership, entered into in December 2014, between Vattenfall and the Swedish insurance and asset management firm that includes the construction of four wind parks. The other three plants were already operational.
This is the first time Vattenfall has used this model of co-financing and co-ownership in wind power. On the other hand, this partnership marks the first time Skandia invests in the energy industry.
“Vattenfall currently has 17 wind power projects at different development stages in our portfolio in Sweden. We have ambitious plans for a 100% renewable energy system,” said Ingrid Bonde, CFO and vice president at Vattenfall.