Author: bphoto / AdobeStock
Macquaries Green Investment Group (GIG) has acquired the rights to the Kattegatt wind farm in Sweden from Agrivind AB
Kattegatt is located outside Falkenberg municipality in the Halland region and is the latest addition to GIG’s c. 14 GW global marine development portfolio.
The project, in the development phase, is expected to have an installed capacity of up to 260 MW. When in operation, it will produce enough electricity to power the equivalent of 95,000 homes.
“Sweden aims to produce 100% of its electricity from renewable energy by 2040. To achieve this goal, a significant growth in Sweden’s offshore wind capacity is forecast. While the country’s current offshore wind capacity is only 191 MW, Svenska kraftnät has suggested that it can reach 4 GW by 2035, says GIG.
“As one of only three approved projects, the Kattegatt wind farm project plays a leading role in this fast-growing market. When completed, the project is expected to reduce Swedish carbon dioxide emissions by up to 49 kt CO2e emissions per year,” GIG added.