Vattenfall is to buy and manage the output from Aquila Capital’s 163MW Kraktorpet wind farm in Sweden under a 15-year deal that also includes balancing services.
The project is currently under construction about 50km west of Sundsvall and will comprise 43 3.8MW turbines when it comes online in October next year. Vattenfall will also provide market access and management of green certificates.
Vattenfall lead originator Nordic Lars Haavik said: “We are very proud to enter this long-term cooperation with Aquila Capital. This project fits well in our green ambitions to be a leading provider of corporate renewable PPA’s.
“Next to the growth of Vattenfall’s renewable portfolio to 7GW in 2023, this agreement gives us the possibility to offer customers long term power deals based on renewable production.”
Aquila Capital chief executive and co-founder Roman Rosslenbroich said: “The agreements with Vattenfall are important parts in the realisation of the Kraktorpet wind farm project.
“The new wind farm will add 163MW to our portfolio of renewable Nordic wind power, which already has surpassed 1000MW.”
Vattenfall added that the deal is in line with its ambition to become a leading provider of renewable energy to corporate customers in Europe.