Allianz Buys 10 Turbines at Wind Farm in Northern Sweden

(Bloomberg) — Allianz SE, Europe’s largest insurer, agreed
to buy an additional 10 turbines at a wind farm in northern
Sweden from Ox2.

The turbines will have a capacity of 33 megawatts and are
expected to start working next year, Ox2 said in a statement on
its website. They are an extension of an existing wind farm
comprising 24 units that are currently being commissioned. Once
operational, the entire project will have a capacity of 105
megawatts, it said.

Google Inc. agreed to buy the entire electricity output of
the facility for 10 years to power a data center in Finland.

To contact the reporter on this story:
Louise Downing in London at

To contact the editors responsible for this story:
Reed Landberg at
Ana Monteiro, Indranil Ghosh

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us