Aneo co-invests 100 million SEK in Gislaved together with Sunna Group to realize one of Sweden's largest solar parks.
Åre/Trondheim, March 30th 2023 – Sunna Group AB (“Sunna”)
Aneo provides capital to realize a solar park in Gislaved developed by Sunna Group, which will be the first large-scale solar park in the Norwegian company’s portfolio. The parties are investing over 100 MSEK for a local establishment that will be one of Sweden’s largest solar parks.
Sunna Group, a rapidly growing actor in large-scale solar power and renewable energy, today announces that the financing for their new solar park has been secured and that the project is now ready to start construction.
The solar park, which will be built outside Gislaved, is estimated to have a capacity of 15 megawatts and generate 15 million kilowatt hours annually. This is equivalent to the annual household electricity consumption of more than 3,000 homes.
“We are incredibly excited to announce that the financing for our first solar park has been secured”, says Marcus Qviberg, CEO of Sunna Group. “This project is an important step forward in our efforts to reduce dependence on fossil fuels and contribute to a more sustainable future. We are grateful for the support and trust from Aneo and look forward to both starting the construction of this park, but also to continue developing more projects together in the future.”
The project has been made possible by a first co-investment in a solar park together with Sunna’s capital partner Aneo, a new Nordic renewable energy group headquartered in Trondheim. The investment demonstrates the great interest in both Sweden and Norway in renewable energy combined with a desire to support sustainable development.
“We are very pleased to realize our first large-scale solar power project in Sweden already six months after our investment in Sunna Group. At Aneo, we aim to develop up to 2 TWh of solar power by 2030, which corresponds to the annual consumption of about 100,000 households. Sweden is a very central focus area for us”, says Aneo’s acting CEO Olav Sem Austmo.
The solar park Skogsmusen, as the project is called, is being built on an area measuring 27 hectares of fire-damaged forest land, equivalent to about 45 football fields. The facility has already been given the go-ahead by the County Administrative Board in Jönköping and ground preparation of the area has begun. Construction of the solar park will start in 2023 and the park is expected to be completed by the end of the year.
“The area is very well suited for a solar park, without any major impact on the nature. Solar parks of this size require a lot of land, and we want to develop new renewable energy production as gently as possible. We see it as positive to be able to utilize a fire-damaged forest property for solar energy production”, says Kari Skeidsvoll Moe, Group Director for Renewable Energy Growth at Aneo.
Facts: Project Skogsmusen
Size: 27 hectares
Power: 15 MW
Production: 15 000 000 kWh per year, equivalent to household electricity for 3 000 villas
Location: Gislaved, Jönköping County
Start of construction: spring 2023
Commissioning: fall 2023
Marcus Qviberg, Sunna Group CEO
Phone: +46 73 317 38 76
Stig Tore Laugen, Aneo Director of communications
Phone: +47 916 002 17
Sunna was founded in June 2021 with the ambition to increase the amount of solar power in the energy system by developing, owning and managing large-scale solar power in the Nordic region. Together with long-term capital partners, Sunna is a sustainable player in the Swedish energy market. Sunna increases access to green, locally produced solar power, enabling faster regional establishment and expansion of companies, as well as supporting the electrification of society at large. Sunna’s goal is to build 500 MW by 2025 – equivalent to about half of Sweden’s largest hydroelectric power plants – and 1 GW will be in production by 2030.
A new Nordic renewable energy company headquartered in Trondheim, owned by the energy company TrønderEnergi and the investment fund HitecVision. Aneo was established in the fall of 2022 and will contribute to power development, electrification and energy efficiency to make the necessary energy transition profitable for customers, society and owners.