Swedes to Invest Millions in Largest Windfarm in the World

The Swedish energy company, Sydkraft, will invest Skr 400 million in the world’s largest wind turbine park, to be located in neighboring Denmark.

MALMO, Sweden, SE, 2001-09-28 [SolarAccess.com] The Swedish energy company, Sydkraft, will invest Skr 400 million in the world’s largest wind turbine park, to be located in neighboring Denmark. The windfarm will have 60 to 90 turbines, and be constructed near Lolland at a price of SKr 2 billion. The park will be Sydkraft’s first ocean-based wind venture in Denmark and generation is expected to be 25 percent more than the total current production from 550 wind turbines in Sweden. Construction is to be completed in 2003 and profits are expected from the beginning. Sydkraft is seeking additional projects in Denmark, Norway and Poland, in addition to the 12 wind turbines it owns in Sweden. E2, the Danish energy company, is the main owner and operator of the Lolland project and represents 50 per cent of the investment.with DONG, the Danish oil and energy group, owning 30 percent and investing Skr 600 million.
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