Holmen's Board has decided to invest
"This investment is fully in line with our strategy to create long-term value, while facilitating the green transition through greater electrification. We are in no doubt that wind power will play an important role in the electricity system of the future, along with controllable hydro power, and we are proud to be able to contribute to this development," says
The company's renewable electricity production will contribute to a more sustainable society, in combination with the growing forest and the renewable products manufactured at Holmen's mills. This particular investment will increase Holmen's annual production of renewable energy from water and wind by 360 GWh to just over 2 TWh.
"Here at Holmen, we see developing wind power in-house as a natural complement to our hydro power, while generating added value from our forest ownership. By combining forestry and electricity production on our land, we're also contributing to the necessary energy transition in society," says
Comprising 14 wind turbines,
In addition to Varsvik and Blåbergsliden
For further information, please contact:
lisa.petterssonnoord@holmen.com +46 709 947 594
Holmen's business is built around the forest ecocycle and the renewable products we can create from it. Our business areas are Forest, Renewable Energy, Wood Products and Board and Paper. With a workforce of 3 500 people, we create value for shareholders, customers and society. Our net sales in 2023 amounted to just under
https://news.cision.com/holmen/r/holmen-is-establishing-additional-wind-power-on-its-land,c3951725
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