Ellevio acquires power grid for Europe’s largest wind farm
Ellevio has acquired Markbygden Net AB, a modern transmission network which connects Europe's largest wind farm cluster Markbygden 1101 outside Piteå in northern Sweden.
Image for illustration purposes
Sweden, Stockholm: Ellevio has acquired Markbygden Net AB, a modern transmission network which connects Europe’s largest wind farm cluster Markbygden 1101 outside Piteå in northern Sweden.
One of Sweden’s largest energy companies, Ellevio, has acquired Markbygden Net AB, previously owned by Svevind AB (75%) and German wind turbine manufacturer Enercon (25%). This is a modern transmission network which connects Europe’s largest wind farm cluster Markbygden 1101 outside Piteå in northern Sweden.
With the acquisition, Ellevio is establishing itself in Sweden’s northern electricity region for the first time and strengthening its role in accelerating Sweden’s journey towards net-zero emissions by 2045.
“With the acquisition of Markbygden Net AB, we will be a long-term, reliable and engaged partner that secures the supply of green electricity to growing industry needs,” says Johan Lindehag, CEO of Ellevio.
Ellevio has for a long time worked to enable the connection of more wind and solar farms in its own network areas in central Sweden. Investments to modernise and expand the capacity of regional and local networks, as well as large investments in energy storage facilities, are important as renewables become a larger part of the nation’s electricity system.
The green transition is happening everywhere, but northern Sweden is the spearhead for the industrial transition to carbon neutrality. By expanding north, Ellevio will come closer to several large electricity producers as well as Sweden’s most electricity-intensive industries. It is strategically significant for us to enable energy transition and electrification in more parts of the country, says Lindehag.
Source: Ellevio
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