Canada Pension Plan Investment Board (CPP Investments) has committed €800 million ($857 million) more to Renewable Power Capital Limited (RPC), in support of RPC’s largest investment to date, which covers a cluster of four onshore wind sites in Sweden. The latest financial commitment will support the costs of acquisition as well as provide the capital required for construction and project completion.
The latest investment will more than double RPC’s onshore wind portfolio from 317 megawatts to 845 megawatts across Sweden and Finland, in addition to a nearly 4 gigawatts of solar PV pipeline in Spain. The four new sites are expected to generate power ready for export to grid in fourth quarter 2025.
RPC will be responsible for completing the procurement and overseeing the construction management of the projects, as it seeks to partner with leading equipment manufacturers and construction companies. Consistent with recent investments, RPC has used its competitive and
