May 12, 2011. /Lesprom Network/. SCA and the Norwegian company Fred.Olsen Renewables are forming a jointly owned company to focus on constructing a wind farm on SCA’s land in Västernorrland in northern Sweden. The area has a potential annual wind-power production of about 2 TWh, as the company said in a press release received by Lesprom Network. “SCA has major areas of land that are highly suitable for wind-power production,” says Åke Westberg, Head of SCA Energy. “This project enables SCA to further strengthen its concentration on wind power, which is entirely in line with the Group’s strategic focus on the increased production and consumption of renewable energy.” SCA and Fred.Olsen Renewables are forming the company FORSCA AB, of which SCA will own 40 percent and Fred.Olsen Renewables will own 60%. SCA will provide the land resources while Fred.Olsen Renewables will arrange the financing of the coowned company. The co-owned company initiates wind measurements in the area in summer 2011 aimed at preparing documentation ahead of an environmental assessment of the wind farm. The SCA Energy business unit, which is part of the SCA Forest Products business group, is charged with developing SCA’s production of renewable energy. Besides wind power, SCA Energy produces refined and unrefined biofuels. SCA is Europe’s largest private forest owner with 2.6 million hectares of forest in the northern half of Sweden.