Holmen, E.ON Form Wind Power Partnership
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Holmen, Stockholm, Sweden, this week agreed to jointly develop wind power in the municipality of Örnsköldsvik, Sweden, with Sweden-based wind turbine partner E.ON, The plan is to erect wind turbines in three different areas, primarily located on Holmen's land and all identified as suitable by the Köldsvik Municipality. Annual production will be an estimated 330 GWh from around 70 wind turbines. The plan is to also sign agreements with private landowners in these areas. The goal is to have all of the turbines in place by 2015.
"This agreement marks an important step towards greater production of renewable energy in Sweden," Magnus Hall, Holmen's president and CEO, noted.
Jonas Abrahamsson, CEO of E.ON Sweden, added that "this partnership is fully in line with E.ON's strategy of helping to drive the switch to renewables in Sweden, with success very much dependent on joining forces with major industrial partners."
The partnership is based on joint project development and an intention to invest together, to realize the companies' shared ambition to build more renewable energy capacity. Holmen has a unique position in this respect as one of Sweden's largest landowners, while E.ON leads the field in establishing industrial-scale wind farms.
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