Nordisk Vindkraft and HgCapital to build wind farm in Sweden

The 44 MW wind power project was developed by Nordisk Vindkraft, a subsidiary of Renewable Energy Systems, who will also build the wind energy project under an engineering, procurement and construction contract, using 22 V-90 2MW wind turbines supplied by Vestas.

Construction has already started, and the wind power project should be fully operational in early 2012. The wind farm will produce electricity sufficient to power 25,000 Swedish households.

The site on the summit of Nadagubbliden, south of Ytterberg, was chosen as suitable for wind power development because of good wind resource, grid access and minimal environmental impact, said Nordisk.

Arne Lorenzen, CEO of Nordisk Vindkraft, said: "We are very pleased with the sale of Ytterberg, another successful wind farm development from Nordisk Vindkraft and, at 44MW, a significant project in the Swedish wind energy market."

Nordisk Vindkraft’s core activity is the development, construction, operation and ownership of large-scale wind farms in the Nordic countries. Drawing on decades of experience in the renewable energy industry, Nordisk Vindkraft are able to deliver wind energy projects of outstanding quality. Nordisk Vindkraft are the Nordic subsidiary of the RES Group, a leader in the global wind energy industry for over 25 years