Published: 22 January 2019 22 January 2019
A portfolio of just over 200MW of operational and pre-construction onshore wind projects in Sweden and Finland has been added by NTR to its NTR Renewable Energy Income Fund II.
The portfolio comprises three operational projects totalling 94MW and one advanced stage development cluster totalling 108 MWpotential capacity in southern Sweden. Total capital investment, including the build out of the development cluster, is expected to be in excess of €180 million. NTR acquired the portfolio projects, called Vindin, from a consortium of nine Swedish industrial companies. The three operational projects, Trattberget (69MW) located in the Örnsköldsvik municipality in northern Sweden; Skutskär (10MW) based at the Swedish town’s port in Medora Bay; and Svalskulla (15MW), located in the Ostrobothnia region of Finland, came into operation at various dates between 2009 and 2014. NTR expects to bring the development project cluster, Norra-Vedbo, into operation in 2021.
Natural Power has advised NTR on the 200MW acquisition of operational and pre-construction onshore wind projects. Natural Power attended all sites individually and provided pre-construction yield analysis alongside turbine inspections for the operational projects.