TRIG to acquire 213MW Swedish wind farm from Arise and Sydvastanvind

The Renewables Infrastructure Group (TRIG), a UK-based investment company, has signed an agreement to acquire the 212.85MW Jadraas wind farm in Sweden from Arise and Sydvastanvind, for €207m. TRIG stated that with the acquisition, its portfolio capacity will increase to 1.32GW. The Jadraas wind farm is located near Ockelbo, north of Stockholm. The company is using its acquisition facility to finance the deal and it is expected to be completed in March. The wind farm is powered by 66 of Vestas’ V-112 turbines with 3.225MW capacity each and has been in operation since May 2013. It is supported by an all-inclusive long term operations and maintenance contract. And, upon the deal’s completion, it will represent about 11% of TRIG’s portfolio on a committed investment basis.

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