Vattenfall and Marguerite sign long-term deal for new wind power in Sweden
Vattenfall and European infrastructure investor, Marguerite, have signed agreements for wind power purchase and balancing services for the wind farm Brännliden (42 MW) in northern Sweden.
As part of this long-term power purchase agreement (PPA), Vattenfall will purchase and manage the output of the wind farm Brännliden, under construction in the Skellefteå municipality, in northern Sweden. Vattenfall will also provide balancing services as well as market access and management of “green certificates” (Guarantees of Origin) and electricity certificates.
“We are very proud to enter this long-term cooperation with Marguerite, a solid investor with renewable ambitions. This is yet another project that fits well with our green ambition to be a leading provider of corporate renewable PPA’s. This agreement gives us even greater possibilities to offer customers long-term power deals based on renewable production,” said Lars Haavik, Lead Originator Nordic at Vattenfall.
The wind farm Brännliden will consist of 10 turbines (Vestas V136, 4.2 MW) and an estimated yearly energy output of almost 160 GWh. It is planned to be operational by February 2020.
“Teaming up with Vattenfall is an important step in the realization of the Brännliden wind farm project and we look forward to further developing our relationship with one of the region’s leading utilities,” declared Martin Sichelkow, Investment Director at Marguerite.
The agreement with Marguerite is in line with Vattenfall’s aim to become a leading provider of renewable energy to corporate customers in Europe. In relation to this, Vattenfall is building up a portfolio of PPAs, and now reached 6.2 GW of contracted capacity under management in its markets.
*Marguerite is a leading European financial investor with around 1,100 MW of renewable capacity under management. Marguerite recently commissioned its first 46.8MW onshore wind farm in Sweden in Grimsås, Tranemo Municipality, Västra Götaland County. Once built, the Brännliden wind farm will bring Marguerite’s aggregate installed capacity in Sweden to 88.8MW.
For more information, please contact:
Vattenfall Press Office +46 8 739 5010,
press@vattenfall.com
See also
Vattenfall starts offshore construction of Germany’s largest offshore wind project
Vattenfall has reached an important milestone in the construction of the Nordlicht offshore wind cluster: on July 1st, the first monopile for the Nordlicht I offshore wind farm was installed...
Aberdeenshire wind farm delivering more than renewable power: lower‑emission construction and local benefits
Construction of Vattenfall’s Clashindarroch II onshore wind farm near Huntly is demonstrating how renewable energy projects can reduce emissions across their full lifecycle while delivering ...
Collaboration and competitiveness in focus at Bruzaholm’s inauguration
The onshore wind farm in Bruzaholm has been inaugurated, marking a step forward for fossil-free electricity and strengthening regional electricity supply, flexibility and competitiveness.