Orrberget (Sweden), March 30, 2020 – FONTAVIS and OX2 commissioned another Swedish onshore wind farm. Nine Nordex N117 turbines with a capacity of 3.7 MW each provide Orrberget wind farm’s total installed capacity of 33 MW. The annual production of 96 GWh provides energy for an equivalent of approximately 19’200 households and will help reduce CO2 emissions when displacing fossil fuel generation by approximately 57’600 tonnes of CO2 per year. With Orrberget, Fontavis’ third Swedish onshore wind farm is now operational.
Orrberget wind farm (33 MW)
«With the completion of another wind farm in Sweden with OX2, Fontavis again demonstrates its competence and ability to generate attractive deals and successfully implement them with the right partners», says Thomas Vogt, Director at Fontavis.
“Fontavis again demonstrates its ability to generate attractive deals and successfully implement them with the right partner.” Thomas Vogt, Director at Fontavis
«We are pleased that we were able to implement another project with Fontavis. As with the Stigshöjden wind farm that was commissioned last autumn, the cooperation during the construction phase worked very well. We are now committed to manage the wind farm for Fontavis to ensure a safe operation and to deliver the greatest possible return of investment», says Paul Stormoen, CEO at OX2.
The completion of Orrberget wind farm marks another milestone in growing and further developing Fontavis’ renewable energy production portfolio. Fontavis continues expanding its European investments in the areas of on- and offshore wind power, solar energy, hydroelectric power and biomass in the coming years and contributes in a meaningful way to CO2 reduction.
“We are now committed to ensure a safe operation and to deliver the greatest possible return of investment for Fontavis” Paul Stormoen, CEO at OX2
Fontavis, a specialized Swiss asset manager within the energy and infrastructure business, has been managing and developing renewable energy infrastructure assets since 2011. Fontavis delivers sustainable returns to its investors on direct investments in clean energy and infrastructure assets. The company currently manages over CHF 1 billion of client assets across three funds, which are invested in a total of 24 companies with projects in the fields of hydroelectric power plants, wind farms, power grids, local and district heating networks, solar power plants as well as recycling plants and other infrastructure facilities. Since October 2019, Fontavis is a member of Swiss Life Asset Managers. www.fontavis.com