Siemens Gamesa, Arise and Foresight Group have signed a 35-year service contract for the collaboration of another major project in Sweden.
The 277-megawatt Kölvallen project was acquired by Foresight Energy Infrastructure Partners (FEIP), Foresight Group’s flagship energy transition fund that closed in September 2021 with €851.4 million ($858.8 million) in commitments.
The wind-farm project, located close to the Skaftåsen project led by the three companies, is due to be installed in early 2025.
“We are delighted to be expanding our presence in Sweden, alongside Arise and SGRE, with this addition to FEIP’s growing portfolio,” said Theodora Forbes, senior investment manager at Foresight. “Kölvallen and Skaftåsen are milestone onshore wind projects for the Nordic region, with each making a significant contribution to the region’s decarbonization targets. As demand for secure energy grows, exacerbated by ongoing geopolitical events, FEIP is well
