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Renewable Power acquires 528MW Swedish wind cluster

Christian Fernsby |
Renewable Power Capital (RPC) has acquired a 528MW cluster of ready-to-build onshore wind projects located in Sweden’s Kramfors and Sollefteå municipalities.

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The transaction, valued at €800m, includes the acquisition of the projects and the commitment of the capital required for construction.

The four sites are expected to generate power ready for export to grid in Q4

025. The deal is the third of 2022 for RPC and it more than doubles the company’s onshore wind portfolio from 317MW to a total of 845MW across Sweden and Finland, in addition to a nearly 4GW solar PV pipeline in Spain.

The transaction demonstrates RPC’s significant investment appetite, stemming from its backing from CPP Investments, the company said.

This combined with RPC’s deep capability and flexible capital has enabled it to make this acquisition unlevered and unhedged and will allow the company to optimize the power contracting and debt financing structure for the sites.


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