Eolus Vind : has made investment decision for three onshore wind power projects in Sweden
March 28, 2024 at 04:10 am EDT
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Published: 2024-03-28 08:30:00 CET
Eolus Vind AB
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Eolus has made investment decision for three onshore wind power projects in Sweden
Eolus has made an investment decision for the wind power projects Fågelås, Boarp and Dållebo in Sweden totaling 88 MW. A turbine supply agreement has been signed with Vestas and construction will start immediately.
All three projects are located in price area SE3 in Sweden, where there is a significant need for new electricity production.
"The need for new electricity production is driven by the climate crisis, the electrification, and the energy transition. We have been developing the projects for several years and are excited that we now can start the construction of the wind farms. They will contribute new, local electricity generation that meets the needs of local businesses and create jobs during both the construction and operational phases. Onshore wind will continue to have an important role in increasing electricity production in Sweden", says Per Witalisson, CEO of Eolus.
Construction will start immediately with planned commercial operation start in Q4 2025. The sales process for the projects is ongoing.
About the projects:
Fågelås
Location: Hjo, Sweden (SE3)
Installed capacity: 44.8 MW. 7 turbines, Vestas V162, 6.4MW
Annual electricity production: 170 GWh.
For further information, please contact:
Per Witalisson, CEO, +46 702 65 16 15, per.witalisson@eolusvind.com
Karin Wittsell Heydl, Head of Communications & Sustainability, +46 761 16 71 99, karin.heydl@eolusvind.com
ABOUT EOLUS
Eolus is a leading developer of innovative and customized renewable energy solutions. We offer attractive and sustainable investments in the Nordics, the Baltics, Poland and the USA. From development of green field projects to construction and operation of renewable energy assets, we are part of the entire value chain. For over three decades we have worked for a future where everyone can lead a fulfilling, yet sustainable life. Today, our project portfolio includes more than 26 GW wind, solar and energy storage projects. Eolus - shaping the future of renewable energy.
Eolus's Class B share is listed on Nasdaq Stockholm. www.eolus.com
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Eolus Vind publ AB (Eolus) is a Sweden-based company engaged in the projecting, selling and managing of wind power plants. The Company operates as developer of wind power projects, owner and manager of wind turbines and provider of technical and administrative consulting services. As of August 31, 2011, Eolus owned all or part of 30 (27) wind turbines with a total output of 38.6 (33.8) megawatt (MW), with an estimated annual production of about 93 (81) gigawatt (GW). Two of the turbines are located in Estonia and the rest in Sweden. The Company operates through 13 subsidiaries, including Ekovind AB, Eolus Elnat AB, Kattegatt Vindkraft AB, OU Baltic Wind Energy, Vingkraft Hakarp AB and Svenska Vindbolaget AB. In July 2014, it established subsidiary in Finland, Eolus OY, which also acquired two wind power projects under development from the project developer Auria Wind OY.
EOLUS VIND AB 
