Greencoat Renewables to Acquire 134mw Erstrask North Windfarm in Sweden.
MANews-(C)2009-2022
Ireland-based renewable infrastructure company Greencoat Renewables plc (LSE: GRP) has agreed to acquire the 134.4mw Erstrask North wind farm in Norrbotten County, Sweden from Enercon on a forward sale basis, the company said.
The wind farm is currently under construction and is expected to be fully commissioned in 4Q23.
Once operational, Enercon will provide long term operations and maintenance services.
Erstrask North will initially operate as a merchant asset but has the flexibility in the future to contract the electricity produced via a corporate PPA.
This is the company's second acquisition in this location, having acquired Erstrask South wind farm in October 2021, and will bring Greencoat Renewable's overall capacity on this site to...
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