Hässleholm, Sweden, August 28, 2019
Eolus has completed wind farm Sötterfällan in Jönköping municipality, Sweden. All conditions for the completion of the transaction between Eolus and KGAL regarding the sale of the wind farm comprising 36 MW have been fulfilled and the buyer has taken over the facility.
In December 2017 Eolus signed an agreement with KGAL regarding the sale of wind farm Sötterfällan, comprising 10 Vestas V136 3.6 MW wind turbines. The agreement was made public through a press release on December 22nd, 2017. All conditions for the fulfillment of the transaction regarding the turn key wind farm have been met, payment have occurred and the buyer has taken over the facilities. Included in the agreement made public on December 22nd, 2017, was also the sale of wind farm Anneberg. Wind farm Anneberg was handed over to KGAL in January 2019. The purchase price for both wind farms has been communicated through a press release on December 22nd, 2017.
Eolus will deliver asset management services for the wind farm.
For further information contact:
Per Witalisson, CEO, +46 10 199 88 02
Johan Hammarqvist, head of communications, +46 10 199 88 10
Eolus Vind AB is one of the leading wind power developers in the Nordics. Eolus is active in the whole value chain from development of green field projects to construction and operation of wind farms. Eolus offers attractive and competitive investments in the Nordic and Baltic countries as well as the United States to both local and international investors. Founded in 1990, Eolus has constructed some 550 wind turbines of the approximately 3 600 wind turbines operating in Sweden. Eolus has signed contracts for over 1 200 MW of asset management services of which about 460 MW is in operation.
Eolus Vind AB has about 14 000 shareholders. Eolus shares are listed at Nasdaq Stockholm.
For more information about Eolus, please visit www.eolusvind.com