Skip to main content

Eolus acquires seven wind power projects in early development

Written by Customer Service on . Posted in Public Companies.

Hässleholm, Sweden, July 10, 2020Eolus has signed an agreement to acquire seven wind power projects in early development phase from Vindkraft Värmland, a subsidiary of Modern Energy. The projects located in SE3 and SE4 are estimated to in total appr 450 MW.Six of the acquired projects are located in SE3 and one is in SE4. The final purchase price is dependent upon how the projects develops and is covered by a profit sharing with the seller when the projects a realized.Eolus has also signed an agreement with the option of acquiring three projects in SE3 in early development phase comprising of up to an additional volume of 280 MW.-We are seeing a large interest for projects within SE3 and SE4. We are pleased to add these projects in early development phase to Eolus’ Swedish portfolio says Gustav Grumert, Head of origination at Eolus.The acquisition of these wind power projects is the first within the new Origination function established in January 2020. The objective of the Origination function is to strengthen the early project development by identifying strategic collaborations with landowners, acquiring projects under development, evaluate new geographical markets and asses earlier Eolus projects that have been downgraded. For further information contact:Per Witalisson, CEO, +46 70-265 16 15
Gustav Grumert, Head of Origination, +46 70-600 97 78
Johan Hammarqvist, Head of Communications, +46 720-50 59 11About Eolus:
Eolus Vind AB is one of the leading wind power developers in the Nordics. Eolus is active in the whole value chain from development of green field projects to construction and operation of wind farms. Eolus offers attractive and competitive investments in the Nordic and Baltic countries as well as the United States to both local and international investors. Founded in 1990, Eolus has constructed 615 wind turbines with a capacity of over 1 200 MW. Eolus has signed contracts for about 1 300 MW of asset management services of which some 745 MW is in operation.For more information about Eolus, please visit www.eolusvind.com
Attachment200710 Press release Eolus acquires seven wind power projects in early development

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.