Allianz orders turbines for Swedish wind farm

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Allianz orders turbines for Swedish wind farm

Allianz Capital Partners orders 37 V117-3.3 MW turbines for one of Sweden’s largest wind power plants.

Vestas has announced this 122 MW project which will be located in Sweden’s Ljusdal and Bollnäs municipalities, and will be the country’s first wind power plant to use the V117-3.3 MW turbine.

This order brings Vestas’ announced order intake in the first quarter of 2015 above 1 GW. Allianz Capital Partners is the Allianz Group's in-house investment manager for alternative investments. With a combined generation capacity of more than 1,200 MW, it is one of the world's largest financial investors in renewable energy.

The Sörby project has been developed by Kraftö Vind AB, a well-established developer with a large portfolio focusing primarily on Sweden. Kraftö will manage the construction of the wind farm. Turbine delivery is scheduled to begin in the first quarter of 2016 with commissioning expected to start during the second quarter of 2016.

The contract includes supply, installation and commissioning of the turbines, along with a VestasOnline® Business SCADA solution and a 15-year full-scope service agreement (AOM 5000).

David Jones, Head of Renewable Energy at Allianz Capital Partners, stated:

“We are very pleased to become the owner of the 122 MW Sörby project which materially strengthens our position in the Swedish wind market. We look forward to working with both Kraftö and Vestas to ensure the smooth construction and optimal long-term operation of the project.”

Anders Barne, CEO of Kraftö Vind AB, said:

”The open mindset approach that has characterised our cooperation with the Vestas team has enabled us to continuously improve the business case certainty all the way to financial close. Furthermore, the selection of the V117-3.3MW turbine ensures that we enhance the already solid wind resources at the site.”

Klaus Steen Mortensen, President of Vestas Northern Europe, said:

“Vestas’ wide range of wind turbine types is well-suited for all market conditions and thus offers our customers a strong business case for their wind power investments.”

“We are really pleased with being selected as the supplier and long-term service partner on the 122 MW Sörby project”.

Share this news