Aquila Capital On Course For Valhalla

In the Swedish municipalities of Bollnäs and Ockelbo, 250 kilometres northwest of Stockholm, 85 V136 4.2 MW Vestas turbines with a capacity of 357 MW will be installed. The wind conditions at these sites are excellent, and annual electricity production will exceed 1.1 TWh.

The average wind speed is about 7.2 meters per second at the hub height of the turbines; the capacity factor of the Valhalla project is more than 36 percent. Once connected to the grid, Valhalla will supply energy for around 223,800 Swedish households.

Susanne Wermter, Head of Investment Management Energy & Infrastructure EMEA, Aquila Capital, commented: “Wind projects in the Nordics are one of the pillars of Aquila Group’s real asset strategy, which underlines why this project is so special to us. It is a landmark achievement to have successfully closed one of the biggest wind projects in Europe and secure stable income for our investors through a long-term above average PPA.”