Aquila Capital acquires 65 MW wind project in Sweden

Photomontage: OX2
65 MW Högkölen wind farm in Central Sweden. Photomontage: OX2

Aquila Capital has acquired another wind project in Sweden. The windfarm will consist of 18 Vestas V126-3.6 MW turbines. The project was developed turnkey by OX2, one of the largest wind developers in Sweden.

The Högkölen wind park will be situated in central Sweden west of Ljusdal, Hälsingland, and will have an installed capacity of 64.8 MW. It will be built of 18 Vestas V126-3.6 MW turbines (optimized for wind class IEC II, 7.5-8.5 m/s) that will produce about 244 GWh electricity per year – enough to power 48.800 Swedish households with an average consumption of 5.000 kWh/a. OX2 will also take care of the wind park’s commercial and technical management upon completion in 2018.

Högkölen is the second investment in wind energy in Sweden after the Lehtirova wind farm in north Sweden, close to the Finnish border, that Aquila Capital has realised for institutional investors. In the past two years Aquila Capital has acquired wind energy projects and parks in Scandinavia with a capacity of approximately 400 MW.

Roman Rosslenbroich, CEO and Co-Founder of Aquila Capital, said: “Högkölen is a technologically advanced project at an unusually favourable wind location and therefore perfectly adds to our portfolio in Scandinavia. The repeated cooperation with OX2 reflects the successful relationship we have mutually established in line with our general approach to provide institutional investors with access to attractive assets through long-term partnerships with leading market participants in our core markets.”

Susanne Wermter, Head of Special Infrastructure Team at Aquila Capital, added: “The acquisition of Högkölen extends our portfolio in Sweden with a wind project that benefits from a combination of experienced partners including OX2, reliable technology, excellent wind resources and a stable regional environment. Scandinavia is a highly attractive location for onshore wind investments, offering great conditions for the realisation of large scale projects for institutional investors with the required market know-how.”

Volker Buddensiek

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