31 July 2017
Recent deals & highlights
Roschier represented APG on the launch into construction of Åskälen onshore wind power project

Roschier represented APG on the launch into construction of the 288MW Åskälen onshore wind power project, located in Jämtland. The project will comprise 80 Vestas V136 3.6MW turbines, making it the largest onshore wind power project in Sweden.

The total construction investment will amount to approximately EUR 300 million, and commissioning will be completed in 2020, delivering a total power production close to 1TWh/year, equivalent to 50.000 Swedish households.
 
Pension funds ABP and PPF APG, the assets of which are managed by APG, will be the owners of the wind farm. This investment will contribute to ABP’s goal of increasing its investments in renewable energy fivefold (to EUR 5 billion) by 2020. Vasa Vind, a portfolio company of HgCapital’s Renewable Power Partners 2 fund, will be responsible for the construction and operations project management. Vestas will be responsible for the operations and maintenance of the wind farm through a 20-year contract.