Norwegian aluminium company Norsk Hydro's fully owned subsidiary Hydro Energi has signed a long-term power contract with Markbygden Ett, a Swedish wind power company, for annual baseload supply of 1.65 TWh in the period from the beginning of 2021 to the end of 2039.
Markbygden Ett is developing an onshore wind park located west of Piteå, in the northern of Sweden, and is owned by GE Energy Financial Services and Green Investment Group Limited, part of Macquarie Group Limited. The wind park is a part of the larger Markbygden wind farm project developed by Svevind which is planned to have 1101 wind turbines and produce around 10 TWh annually when finalised.