Aneo has agreed to acquire RWE Renewables Sweden’s wind power portfolio comprising 124MW of onshore wind, 48MW of nearshore capacity, project development assets and operations and maintenance services.
The operational portfolio produces about 500GWh a year primarily in the Swedish price area SE4, said Aneo.
The transaction includes project development and employees with expertise in operations, maintenance and project development, added the company.
“This is a portfolio we have looked at with great interest, and we are very pleased to have closed this agreement,” said Aneo chief executive Gunnar Hovland.
“The acquisition gives us significant scale in the Swedish market and diversifies our production geographically and technologically,” added Hovland.
Aneo said the acquisition complements its takeover of Swedish Arise AB, for which it recently passed a 97% acceptance rate.
“With Arise and the RWE portfolio in place, we are strengthening our position in the Swedish market and in the Nordic region,” said Hovland.
“We are more than doubling our production in Sweden and gaining access to skilled and experienced teams in both operations and development,” added Hovland.
The deal has been signed and is subject to regulatory approvals in Sweden.
“We are delighted that our Swedish wind business and its project teams will be joining Aneo,” said Katja Wünschel, chief executive of RWE Renewables Europe & Australia.
“We are therefore pleased to have found a new home for our impacted employees, and we wish the Swedish team and its projects continued success,” added Wünschel.