December 1 (Renewables Now) - Hamburg-based investment and asset development company Aquila Capital said today it has advised a Swiss investment foundation on its acquisition of a 24-MW wind farm in southwestern Sweden.
Aquila Capital has acquired the asset on behalf of the foundation from an associate of Prime Capital AG and will manage it going forward. The investor did not specify the name of the wind park.
“Due to its outstanding location, less than 100 km from the Baltic Sea and close to the largest lake in Sweden, Lake Vanern, this wind farm has a capacity factor comparable to some offshore wind farms,” commented Maurice Jackel, Senior Manager, Partnership and Portfolio Advisory at Aquila Clean Energy EMEA.
The plant, which is already in operation, generates enough electricity to meet the annual consumption of about 22,500 European homes, the announcement says.