Tormoseröd/Sweden - Fu-Gen and Alpiq are proud to announce the official inauguration of the Tormoseröd Wind Park, a state-of-the-art renewable energy project located between Tanum and Strömstad, Sweden. This co-ownership between the two leading energy companies marks a significant milestone in Sweden's green energy transition and reinforces the partnership's commitment to sustainable energy solutions across Europe.
Fu-Gen and Alpiq Inaugurate Wind Park Tormoseröd: A Landmark for Renewable Energy in Sweden
The Tormoseröd Wind Park, which consists of 11 high-capacity turbines with a combined installed capacity of 72.6 MW, will produce approximately 220 GWh of renewable energy annually − enough to power around 8000 Swedish households. This significant addition to Sweden’s renewable energy portfolio directly supports the country’s ambitious goal to achieve zero net greenhouse gas emissions by 2045.
A Strategic Co-Ownership for Future Energy Security
Fu-Gen, a Swiss based renewables developer and independent power producer (IPP), and Alpiq, a leading Swiss energy service provider and electricity producer with extensive expertise in sustainable electricity generation from renewable energies, joined forces to deliver the Tormoseröd project as part of their broader strategy to invest in green energy infrastructure. By leveraging their complementary expertise, Fu-Gen and Alpiq have successfully developed a project that not only meets Sweden’s renewable energy targets but also exemplifies industry-leading technology and innovation in wind power.
In December 2020, Fu-Gen acquired the majority of shares (70%) in Tormoseröd Vindpark AB, a project-company fully owned by Alpiq. The primary scope of this partnership was to build the Tormoseröd wind farm, based in the municipalities of Strömstad and Tanum, county of Västra Götaland in Sweden, and operate it over the next 30 years.
- The inauguration of Wind Park Tormoseröd represents a critical step forward for renewable energy in Sweden. We are proud to contribute to a sustainable future by harnessing the wind energy potential of West Sweden, and we look forward to continuing our future renewable energy ventures, says Lorenzo Lanteri, Director and Co-Founder at Fu-Gen.
- Alpiq is committed to the decarbonisation of the energy system in Europe. With our flexible power plant portfolio, we at Alpiq focus on integrating renewable energies into the system and we support our customers to either bring the produced renewable energy to the market or to decarbonize other customers consumption by providing them with renewable electricity, says Lukas Gresnigt, Head International and Executive Board Member at Alpiq.
Alpiq has been expanding its activities and business relationships in Sweden, Finland and Norway for several years, for example by offering its customers in the Nordics a long-term and reliable supply of electricity from wind power but also investing in renewable power and flexible assets.
Fu-Gen owns a portfolio of onshore wind farms in operation and construction with an expected annual energy production of 860 GWh and is developing a portfolio of over 9 GW of projects across the Nordics covering onshore wind, solar PV and battery storage.
Media contacts:
Fu-Gen
Fredrik Ståhle
T +46 73 412 65 08
f.stahle@fu-gen.com
Alpiq
Guido Lichtensteiger
T +41 58 833 83 33
media@alpiq.com
About Fu-Gen
Founded in 2017, Fu-Gen is an entrepreneurial independent power producer and renewable energy investor that is active across Northern Europe. From its offices in Stockholm and Zurich, Fu-Gen leverages over a century of expertise developing, financing, constructing, and optimising renewable energy assets and technologies to pursue its mission of empowering Future Generations with clean sustainable energy solutions. Backed by leading institutions and pension funds, Fu-Gen develops both greenfield renewable assets and invests in high-potential projects further along the value chain to deliver superior sustainable returns to its investors over the long-term.
www.fu-gen.com
About Alpiq
Alpiq is a leading Swiss energy services provider and electricity producer that operates throughout Europe. It offers its customers comprehensive and efficient services in the fields of energy generation and marketing as well as energy optimisation. Alpiq has been generating climate-friendly and sustainable electricity from carbon-free Swiss hydropower for more than 100 years. The power plant portfolio also comprises shares in two Swiss nuclear power plants as well as flexible thermal power plants, wind farms and photovoltaic facilities in Europe. The Alpiq Group has around 1,200 employees and is headquartered in Lausanne, Switzerland. Alpiq Holding Ltd. is a private stock corporation in majority private ownership.
www.alpiq.com
