GIG acquires Swedish offshore wind farm

4C Offshore | Tom Russell
By: 30/09/2021 GIG
Macquarie’s Green Investment Group (GIG) has acquired the rights for the Kattegatt offshore wind farm from Agrivind AB.

Situated off the coast of the Falkenberg municipality, Sweden, the development stage project is anticipated to have an installed capacity of up to 260 MW. Once operational, it will produce enough electricity to power the equivalent of an estimated 95,000 homes.

Wind Sweden, which supported Agrivind AB and worked closely with local stakeholders on the development of the project for over three years, will continue to support GIG in the development of Kattegatt. GIG stated it is committed to continuing engagement with the local community and working with the local supply chain wherever possible to support employment and investment opportunities across Halland.

GIG has global offshore wind development pipeline of c. 14 GW. In addition to bidding into new offshore wind tender rounds in Scotland and France, GIG also recently announced it is working with Vårgrønn and Agder Energi to bid into the upcoming Norwegian
Sørlige Nordsjø II tender, which seeks to deliver up to 3 GW of new offshore wind capacity.

"The Kattegatt Wind Farm is set to be a key development for the Falkenberg municipality, and for Sweden’s burgeoning offshore wind sector.  Offshore wind can help Sweden meet its climate goals and diversify its electricity supply, while supporting jobs and creating economic opportunities.  We are delighted to be developing this exciting project and look forward to engaging with the local community on the next phase of the Kattegatt Wind Farm’s journey,"
Edward Northam Head of GIG, UK and Europe