Vattenfall and Skandia are jointly investing almost two billion Swedish kronor to set up four wind farms in Sweden with a total output of 141MW.
The farms will be run by a jointly owned company. This is the first time that a Swedish pension company is directly financing the construction of new Swedish wind power capacity. The four wind power projects are Hjuleberg (Falkenberg municipality), Höge Väg (Kristianstad municipality), Juktan (Sorsele municipality) and Högabjär-Kärsås (Falkenberg municipality). The first of these is already in operation and will be handed over to the joint holding company on 1 January 2015. The other wind farms are being built by Vattenfall and will be handed over to the joint company in the first quarter of 2016. The two parties will own equal shares in the joint company.