Nordics

Wind Farms Change Hands in Berg

Stockholm (NordSIP) – Skanska, the Swedish construction and development company, is selling its investment in the Mullberg wind farm in the Swedish municipality of Berg to Persson Invest for a sum of roughly SEK 370 million, a press release (December 19th) stated.

Skanska’s investment amounted to 50 per cent ownership, with the other half being owned by Jämtkraft, a renewable energy provider. Skanska’s engagement in Mullberg began in 2012 as part of its efforts to contribute to sustainable construction.

Skanska’s development projects stretch to construction and civil engineering projects and select residential- and commercial projects in Sweden, Norway and Finland. Commercial development is also active in Denmark.

The transaction will be recorded by Skanska Infrastructure Development in Q4 2017.

Skanska had no further comment when contacted by NordSIP.

Image: © Thorben Wengert – pixelio.de

 

Kames Capital
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