Centrica Energy Marketing & Trading is to provide balancing and power trading for Green Investment Group’s 235MW Overturingen wind farm in central Sweden.
Under the terms of the 10-year deal, Centrica subsidiary Neas Energy will provide all route-to-market services for the wind farm.
This will include physical balancing and trading of power on the Nordic electricity exchange, as well as the offtake of el-certificates and guarantees of origin.
Centrica Energy Marketing & Trading co-managing director Cassim Mangerah said: “We are very excited to be a part of this project and expand our route-to-market business in the Nordics. We continue to see an attractive investment climate here for renewable energy infrastructure investors.”
SCA Energy is developing the project, with GIG taking over ownership on completion.
Overturingen will feature 56 Siemens Gamesa DD-130 4.2MW machines with 220-metre tip heights
It will supply electricity to aluminium company Norsk Hydro under a 29-year fixed volume agreement when fully operational in December next year.
Image: Pixabay
Centrica trades Swedish wind
By EBS