BBB assesses 144 mega-watt windfarm project in Sweden

Transaction between SWM and Nordisk Vindkraft successfully completed
BBB assesses 144 mega-watt windfarm project in Sweden (PresseBox) (Gelsenkirchen, ) The German wind energy consultancy BBB Umwelttechnik GmbH (BBB) per-formed the technical due diligence on an onshore wind energy project on behalf of the utility Stadtwerke Mün-chen (SWM). The site is located north of Stockholm between the villages of Umeå and Sundsvall. The Swedish de-veloper of the project, Nordisk Vindkraft, will also carry out the erec-tion of 48 WTG of the 3 megawatt-class until spring 2015. The construc-tion works are planned to start this summer.

Key items assessed in the due diligence were yield estimations, the electrotechnical concept and the technical aspects of all relevant per-mits. Furthermore BBB evaluated the essential contracts, the concepts for logistics, construction and operation and reviewed the project-related CAPEX and OPEX assumptions.

With the acquisition of the project SWM is making another big step to-wards its objective to cover the whole energy demand of the city of Munich with green energy by 2025. Due to the uncertainties regarding the future of the feed-in-tariff in Germany, caused by the latest governmental statements, SWM has informed that it feels impelled to increase investments for the time being in neighbouring countries.

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