Commerz Real purchases 5 Swedish solar farms

• The projects have actually a combined set up capacity of 246MWp

Commerz Real has purchased five Swedish solar farms as part of its Klimavest impact fund.

The solar projects are already in an innovative stage of growth and also will have a set up capacity of 246MWp. They result from be linked to the grid in 2023 as well as 2024.

4 of the parks lie in the Greater Stockholm location as well as one project on the outskirts of Gothenburg.

Their programmer is Swedish company Helios Nordic Energy, which is currently developing some 70 projects in Scandinavia as well as the Baltics with a volume of around 2.3 GW.

Helios is accountable for continuing the project growth till it awaits building and construction, for accompanying the construction till conclusion as well as for the continuous technical monitoring of the facilities.

The generated green power is meant to satisfy the annual consumption of about 30,000 typical Swedish homes according to figures of Eurostat.

As recently as May of this year Commerz Real obtained 2 solar projects in Sweden together with Helios for an institutional fund.

" This financial investment is enhancing the diversification of the Klimavest portfolio in a number of ways. With Germany, France, Spain, Finland and also now Sweden the fund financial investments are already spread in geographical terms across five major European markets," stated Yves-Maurice Radwan, Head of Green Deal Infrastructure at Commerz Real.

" In addition, we are particularly increasing the role of solar in the energy mix of Klimavest. Solar power is a proven key modern technology and is essential for a successful energy turnaround,"