European investor Marguerite has sold two wind farms in Sweden to Norwegian renewables asset owner Aneo for a total of €100m.
The acquisition of the Grimsås and Brännliden wind farms is Aneo’s first deal outside Norway and forms part of its overall growth target of 10-12 terawatt-hour (TWh) of wind power by 2030.
Sweden is one of the most important regions for the growth strategy.
Each wind farm has an installed capacity of between 42MW and 47MW and their total annual production is 285 gigawatt-hours (GWh).
“Marguerite’s objective when entering the Swedish production market in 2018 was to add renewables capacity.
We are delighted to have participated in the decarbonisation of the electricity system through the construction and production of those two onshore wind assets,” said Guillaume Rivron, partner at Marguerite.
The Grimsås wind farm is located in Tranemo municipality in the Västergötland region, while the Brännliden wind farm is located outside Storträsk in the Skellefteå municipality in Væsterbotten.
The parks comprise a total of 23 wind turbines.
Brännliden wind farm (commissioned 2020) in Skellefteå and Grimsås wind farm (commissioned in 2019) in Tranemo, have 10 Vestas turbines (V136) and 13 Siemens turbines (SG 3.6-130), respectively.
Following this deal, Aneo owns and/or operates a total of 11 wind farms and 225 wind turbines.
Aneo aims to “invest significantly” in wind and solar power in the Nordics to pursue its growth ambition.
Aneo CEO Ståle Gjersvold said: ”Predictable framework conditions are key for our ability to execute our growth strategy.
“Thus far, the Swedish government has enabled growth in the wind power industry through sustainable and predictable framework conditions.
“Trusting this to continue, Sweden is an important prospective market for us.”