Niam , the Norwegian asset manager, and Solkompaniet of Sweden have agreed to partner to develop a 500 MW solar portfolio in southern Sweden. The projects will involve a total investment of over €300 million.
Axel Alm, CEO of Solkompaniet, said: “Solkompaniet has built solar parks since 2010, but it is only now that the size of the parks means that they become an important part of our electricity supply. The first solar park that we will develop and build for Niam will, on its own, correspond to as much as has been built in Sweden up until 2021.”
Niam and Solkompaniet are currently developing two 80 MW solar facilities. The most advanced of these is the Östra Eneby solar facility located outside Norrköping. The Östra Eneby project is scheduled to come online by the end of 2024.