Siemens Gamesa Renewable Energy (SGRE) announces the order* for the 235 megawatt (MW) Överturingen wind park in central Sweden. The scope of the project is to supply 56 units of the SWT-DD-130 wind turbine rated at 4.2 MW each, including delivery, installation and long term service. The customer is the Green Investment Group (GIG), a business of Macquarie Capital. The Överturingen wind park was developed by SCA in close partnership with Siemens Gamesa. With a tip height of 220 meters the turbines will be amongst of the tallest structures in the Nordic countries. They are more than 30 meters higher than the highest building in Scandinavia today.
Installation at the site in the Ånge community, situated halfway between the cities of Sundsvall and Östersund, is scheduled for 2019 with full commissioning the same year. Manufacturing of nacelles and blades is planned in the Siemens Gamesa facilities in Denmark. Other essential construction work will be sourced from local companies.
“We are proud to set a visible example of the performance of our products in Sweden,” says Ricardo Chocarro, CEO Onshore at Siemens Gamesa Renewable Energy. “Our technology perfectly meets the site- and project-specific requirements. At the same time, this project demonstrates the attractiveness of wind energy for the capital markets, investors and communities.”
Mark Dooley, Global Head of Green Energy for Macquarie Capital and the Green Investment Group says: “Siemens Gamesa is a leading turbine supplier and a natural partner for a project as ambitious as this. Siemens Gamesa’s expertise in the Nordic region was particularly valuable in bringing this project to financial close and builds on our global relationship with them, from Sweden to Texas and Taiwan.”
Present in Sweden since 1992, the accumulated base installed by Siemens Gamesa accounts for nearly 1.3 GW and more than 500 turbines.
*This contract is a part of the order intake in SGRE FYQ4 (Jul-Sep 2018)
About Siemens Gamesa Renewable EnergySiemens Gamesa is a global leader in the wind power industry, with a strong presence in all facets of the wind business: offshore (#1), onshore (#2) and services (#2). In 2017 Siemens Gamesa was the number-one company in the sector, with a 17% share of new capacity installed, according to MAKE Consulting.
Through its advanced digital capabilities, the company offers one of the broadest product portfolios in the industry as well as industry-leading service solutions, helping to make clean energy more affordable and reliable. With 85 GW installed worldwide, Siemens Gamesa manufactures, installs and maintains wind turbines in the onshore and offshore segments. Its order backlog stands at €22 billion. The company is headquartered in Spain and listed on the Spanish stock exchange (traded in the Ibex-35 index).
About Green Investment Group and Macquarie GroupGreen Investment Group Limited (GIG) is a specialist in green infrastructure principal investment, project delivery and the management of portfolio assets, and related services. Its track record, expertise and capability make it a global leader in green investment, dedicated to supporting the growth of the global green economy.
The business was launched initially by the UK Government in 2012 as the first institution of its type in the world. The organization was acquired by Macquarie Group in 2017, creating one of Europe’s largest teams of dedicated green infrastructure investors, and now operates under the name Green Investment Group.
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie employs more than 14,400 people in over 25 countries. At 31 March 2018, Macquarie had assets under management of $381.8 billion.
For more information, visit www.greeninvestmentgroup.com and www.macquarie.com.
