Swedish wind farm Nylandsbergen completed

Eolus has completed wind farm Nylandsbergen in Sundsvall municipality, Sweden. All conditions for the completion of the transaction between Eolus and Aquila Capital regarding the sale of the wind farm comprising 68.4 MW have been fulfilled and the buyer has taken over the facility.

In December 2017 Eolus signed an agreement with Aquila Capital regarding the sale of wind farm Nylandsbergen, comprising 18 Vestas V136 3.8 MW wind turbines. The agreement was made public through a press release on December 23rd, 2017. All conditions for the fulfillment of the transaction regarding the turn key wind farm have been met, payment have occurred and the buyer has taken over the facilities. The final purchase price amounts to EUR 78.5 million.

Eolus will deliver asset management services for the wind farm.

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 some 570 wind turbines of the approximately 3 600 wind turbines operating in Sweden. Eolus has signed contracts for over 1 200 MW of asset management services of which about 525 MW is in operation.

Eolus Vind AB has about 14 000 shareholders. Eolus shares are listed at Nasdaq Stockholm.