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Home » Uncategorized » Arise offloads 45MW in Sweden
Onshore Wind

Arise offloads 45MW in Sweden

Robin LancasterBy Robin LancasterSeptember 23, 20181 Min Read
Arise offloads 45MW in Sweden

Swedish developer Arise is selling the 45MW Brocklingeberget wind farm to Swiss asset manager Re:cap Global Investors.

Arise will manage construction, which will start immediately, and the project once it is operational for Re:cap.

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Brocklingeberget will feature 11 Siemens Gamesa DD142 4.1MW turbines. It is slated to come online in late 2019.

Arise said the sale will boost its earning by Skr70m (€6.8m) in 2018 and 2019.

Arise chief executive Daniel Johansson said: “We are delighted to partner with our new customer, Re:cap Global Investors, and realise the Brocklingeberget project.

“This is a transaction fully in line with our strategy to create value from development, construction and asset management services.

“We look forward to exploit more opportunities with Re:cap Global Investors in the future and are very happy to construct and manage their first investment in Sweden.”

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