- Published: 17 October 2016 17 October 2016
Aquila Capital has extended its portfolio in the renewable energy sector with the acquisition of the wind power project in Lehtirova in the North of Sweden. The wind park will have 41 Vestas V 126 3.6MW turbines with an installed capacity of almost 148MW.
A large proportion of the energy produced by the wind park will be sold at a fixed price to a subsidiary of Google under a long-term power purchase agreement (PPA). The project developer and vendor in the transaction is the Swedish renewable energy company OX2, one of the largest and most experienced wind power developers in the Nordics. OX2 will build the park as EPC supplier and take care of its technical management. The acquisition will increase Aquila Capital’s track record in the wind sector to 900 MW.