Wallenstam divests three wind farms in Sweden to Jämtkraft & More News Here

Swedish property firm Wallenstam has introduced the sale of three wind farms in Sweden to power firm Jämtkraft for an undisclosed sum.

Wallenstam mentioned the sale is a part of its technique to restructure its wind energy portfolio.

The transaction consists of the 10MW Stentjärnåsen mission in Härjedalen Municipality and the Rätans-Digerberget facility in Berg Municipality, which has 11.5MW of capability.

Also included in the deal is the Middagsberget wind farm in Berg Municipality, whose capability quantities to 9MW.

The three wind farms have a mixed whole of 13 wind generators and a internet put in capability of 30.5MW.

Wallenstam CEO Hans Wallenstam mentioned: “We are finishing up a restructuring in order to focus our wind energy on the world the place our properties are situated, which is in electrical energy worth zone III. Therefore, we’re promoting three of the wind farms in electrical energy worth zone II.

“It feels nice to be able to sell to Jämtkraft in particular, with which we have carried out transactions in the past. We also collaborate with them on trading of the electricity that we produce and consume.”

Following the sale, Wallenstam owns 53 wind generators, with 112MW of whole put in output, throughout 17 wind farms.

Jämtkraft Board chairman Kerstin Arnemo mentioned: “The acquisition is totally aligned with the corporate’s technique of creating wind energy in the area.

“We are looking forward to adding this production to our renewable electricity portfolio and in the longer term to also be able to upgrade the wind turbines with modern technology.”

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In December final yr, Wallenstam introduced the set up of 245 photo voltaic cell modules on Trollesundsvägen in Bandhagen, Stockholm.

The firm had put in virtually 1,800 items on greater than 3,100m² of roof in an effort to ‘contribute to a climate-smart everyday life’ for its tenants.

The photo voltaic items are anticipated to generate greater than 509,000kWh of regionally produced renewable power.

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