May 1, 2024
Global Renewable News

RENEWABLE ENERGY SYSTEMS
Rödene Wind Farm officially inaugurated - marking important milestone in the Swedish energy mix

October 9, 2023
RES, the world's largest independent renewable energy company, is proud to announce the official inauguration of Rödene Wind Farm in Alingsås, Sweden. RES, together with Mirova and Octopus Energy Generation, invited the local communities on 27 September to take part in the festivities. The inauguration celebrates the 13 turbines with a total installed capacity of 85.8 MW, the equivalent of powering 40,000 homes in Sweden or the entirety of Alingsås municipality.

The newly established Rödene Wind Farm, situated outside Alingsås in Västra Götaland, Sweden, is developed and operated by RES and owned by Mirova, the affiliate of Natixis Investment Managers 100% dedicated to sustainable finance, and Octopus Renewables - two major investors in renewable energy and driving forces accelerating the transition to net zero. The project consists of 13 Siemens Gamesa turbines with a total installed capacity of 85.8 MW, the equivalent of powering 40,000 homes in Sweden, resulting in a yearly saving of 230,000 tons of CO2 equivalent.

Rödene Wind Farm is unique in its location, it is situated close to the city, and the construction of the wind farm has enabled a rich outdoor experience for the local communities.

Matilda Afzelius, CEO of RES in the Nordics, commented: "The inauguration of Rödene Wind Farm marks an important milestone for the energy mix in Sweden. It is also a testament to the dedication and collaboration that we've had with the local communities as well as our long time partners Mirova and Octopus Renewables. Rödene Wind Farm is situated close to Alingsås city and has opened up and created accessibility for the local community. Today we see it being used for mountain biking, mushroom picking, hiking and many more outdoor activities as well as producing renewable energy into the system."

The project has been successful and one defining key is the close collaboration with the municipalities and partners.

Olena Reznik, Investment Director at Mirova, added: "We are delighted to celebrate Rödene's inauguration as it is a flagship project for Alingsås community and for RES. It is furthermore remarkable as it is one of the first projects to be built using the state of the art wind platform developed by Siemens. All parties have done a great job to make Rödene a success and to make another step towards decarbonization of the Alingsas area."

The inauguration was attended by over 500 residents of all ages from Alingsås and Vårgårda municipalities, local politicians and partners. The ceremony featured many outdoor activities as well as speeches highlighting the significance of wind farms such as Rödene in the transition towards a sustainable energy future.

Ian Dunn, Asset Director for Wind at Octopus Energy Generation, commented: "Officially inaugurating this wind farm is an absolutely fantastic milestone. Onshore wind farms like these are generating much-needed clean green power for Sweden, and helping to drive the energy transformation which is a key priority for us."

For more information, please contact:

Adrian Holmgren
Senior Asset Manager
M +46 (0) 70 6337733
adrian.holmgren@res-group.com

About RES

RES is the world's largest independent renewable energy company and is active in onshore and offshore wind, solar, energy storage, green hydrogen, transmission and distribution. As an industry innovator for over 40 years, RES has delivered more than 23GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 12GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured over 1.5GW of corporate power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs over 2,500 passionate people and is active in 14 countries. www.res-group.com

About Octopus Energy Generation

Octopus Energy Generation, part of the Octopus Energy Group, is a specialist clean energy investor. Launched in 2010 its mission is to accelerate the transition to a future powered by renewable energy. It has a diverse portfolio of assets with a capacity of over 2.8GW, making it the largest commercial solar investor in Europe and a leading investor in onshore wind.

About Mirova

Mirova is a management company dedicated to sustainable investments and an affiliate of Natixis Investment Managers. Through conviction management, Mirova's goal is to combine long-term value creation and sustainable development. Pioneers in many areas of sustainable finance, Mirova's talents aim to continue innovating in order to offer their clients solutions with high environmental and social impact. Mirova has been active in the energy transition infrastructure sector for 20 years and has financed more than 330 projects for a total of over 6.5 GW of potential generation capacity across Europe and Asia. Reaffirming its position as a major European player in renewable energy, storage and low-carbon mobility, the company has recently completed the raising of 1.6 billion for its fifth energy transition infrastructure equity fund.

MIROVA
Portfolio Management Company - Anonymous Company
RCS Paris No.394 648 216 - AMF Accreditation No. GP 02-014
59, Avenue Pierre Mendes France - 75013 - Paris
Mirova is an affiliate of Natixis Investment Managers.
Website - LinkedIn

About Natixis Investment Managers

Natixis Investment Managers' multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 15 active managers. Ranked among the world's largest asset managers with more than $1.2 trillion assets under management2 ( 1.1 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals. Not all offerings are available in all jurisdictions. For additional information, please visit Natixis Investment Managers' website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers. Natixis Investment Managers' distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various US registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.

NATIXIS INVESTMENT MANAGERS
French Public Limited liability company
RCS Paris n°453 952 681
Registered Office: 59, avenue Pierre Mendès-France - 75013 Paris
Natixis Investment Managers is a subsidiary of Natixis.

For more information

Renewable Energy Systems

www.res-group.com


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