Asper expands Nordic wind platform
August 31, 2020
Asper is pleased to announce that it has started construction of a new onshore wind project in its Swedish wind platform.
The 60MW Raftsjöhöjden wind farm is owned and financed by APG, manager of Dutch pension funds ABP and PPF. It is the fifth project in this Asper platform to be backed by APG, whose Swedish portfolio now comprises 494MW, with an annual expected production of 1.6TWh: enough electricity to power 320,000 Swedish homes.
The wind park is located outside Östersund in central Sweden. The project was developed by Vasa Vind -a portfolio company managed by Asper – who will also manage the construction and local operations of the wind park. The project will utilize 11 GE 5.5MW – 158m turbines; GE will also provide a long-term service agreement for the project.
“We are delighted to build up and see our Nordic platform grow further. Together with Vasa Vind and GE, we have engineered and optimised this project to make it an accretive addition to the existing APG portfolio” said Allister Sykes, Director at Asper Investment Management.
Dirk Hovers, Senior Portfolio Manager at APG, adds: “This is our fifth investment in Nordic wind with Asper and Vasa Vind. Nordic power is a strategic area for our infrastructure investments in renewable energy and we are looking forward to work on this and other successful projects with our partners at Asper and Vasa Vind”
Asper Investment Management is an independent investment management firm specialised in sustainable real assets. It manages investments and commitments in excess of €1.3bn and since 2019 it raised two new co-investment partnerships dedicated to energy transition investments in Ireland and the Netherlands.
For more information on Vasa Vind and Asper: