Siemens Gamesa Bags 254 MW Wind Energy Plant Order in Sweden

Siemens Gamesa has announced that it has secured an order to supply the 254 MW Stavro project, its largest ever onshore wind order in Sweden.

Siemens Gamesa Renewable Energy (SGRE) has announced that it has secured an order to supply the Stavro project, its largest ever onshore wind order in Sweden. The 62 turbines with a 4.1 MW rating built by SGRE will power Google’s data centre with clean energy, as well as Holmen’s local paper and board business.

The project, located in the northern part of Sweden, northwest of Umeå, and divided into two sub-sites: Blodrotberget, with 40 turbines, and Blackfjället, with 22 turbines, for a total installed capacity of 254 MW. Commissioning of the wind farm is scheduled for the end of 2021 and the project will be covered by a 30-year service agreement also delivered by SGRE. The grid connection, comprised of engineering, civil works, installation, and commissioning of the two 150/33 kV sub-sites, will be provided by Siemens Gas and Power.

“The Scandinavian market continues to show its great potential for wind power and increasing demand for renewable energy as it strives to reach climate neutrality by 2050. The project will facilitate Holmen’s transition to 100 percent renewables consumed in its business and meet part of the fast-growing demand for electricity of Google’s European data centres,” said Alfonso Faubel, Siemens Gamesa’s Onshore Business Unit CEO.

“Projects like Stavro illustrate how we in Siemens Gamesa drive the transformation towards renewables through strong, long-term relationships where we are constantly working to offer innovation, technology and solutions tailored to the needs of the individual customer.”

The project is realised by German Asset Manager Prime Capital AG on behalf of an international consortium comprising Korean institutional investors, German Pension Fund Nordrheinische Ärzteversorgung and Siemens Financial Services.

Andreas Kalusche, CEO of Prime Capital said that the Scandinavian wind sector is at the core of its current renewable energy strategy, as it can leverage both a unique competitive advantage in sourcing and realising projects and very favourable market conditions for investing.

“Our close collaboration with SGRE has enabled us to source the project early and to add value through a full-scope commercialisation process. This strategy, in a market benefitting from one of the world’s best wind resources and the ability to realise large-scale projects, increases overall profitability and risk-adjusted returns for our investors.”