High-quality and low-cost renewables assets in the Nordics
The current portfolio consists of three high-quality and low-cost wind and hydro assets in the Nordics; The Metsälamminkangas (“MLK”) wind farm in Finland, which became operational in 2022, the Leikanger hydropower plant in Norway, which is fully operational and the Karskruv wind farm in southern Sweden, which is under development.
Efficient, low-cost power generation
The renewable energy assets have a combined net power generation capacity of around 600 GWh per annum from 2024 onwards, which is equivalent to the energy consumption of approximately 150,000 European households. All of the assets are newly constructed and equipped with modern technology to ensure low cost and efficient operations. The early life asset base means the cost for estimated maintenance is low, with high availability and efficiency during a long-term asset lifetime.