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Innovent Buys 5 Turbine Swedish Wind Farm

Power News - Published on Wed, 13 Nov 2019

Image Source: innovent.
French renewables company Innovent has bought a five turbine Swedish wind farm from its local owners for EUR 2.3 million. The farm, which is located at Vaenern lake, has produced 325 GWh since commissioning in 2009. In recent years the park has struggled financially amid a drop in power and Elcert prices, as well as technical issues.

The owners, utility Karlstads Energi (70%) and Hammaroe municipality (30%), started mulling a sale in 2015.

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Posted By : Yogender Pancholi on Wed, 13 Nov 2019
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