Holmen's Board has taken the decision to construct the Blåbergsliden wind farm on its land outside Skellefteå in northern Sweden. The investment totals SEK 1.3 billion and comprises 26 wind turbines with a combined capacity of 143 MW.

Machinery

Holmen to establish large-scale wind power on its land in Sweden

Holmen's Board has taken the decision to construct the Blåbergsliden wind farm on its land outside Skellefteå in northern Sweden. The investment totals SEK 1.3 billion and comprises 26 wind turbines with a combined capacity of 143 MW, as the company says in the press release received by Lesprom Network.

The company's investment in wind power, combined with the growing forest and renewable products manufactured at Holmen's mills, will contribute to a more sustainable society. The Blåbergsliden facility will increase Holmen's production of renewable energy by 35% to over 1 600 GWh. This is a significant step in the development of Holmen's energy business. Following this investment decision, Fredrik Nordqvist, Senior Vice President Renewable Energy, will join Holmen's Group management.

Blåbergsliden will be constructed in cooperation with GE Renewable Energy and is expected to be operational by the end of 2021. Holmen's application to construct a wind farm in nearby Blisterliden is currently being reviewed and approval is likely to be received during 2020. Alongside this, building applications are being prepared for additional wind power facilities on Holmen's land in southern and central Sweden.

Holmen's business concept is to own and add value to the forest.