Hydro REIN and Eolus enter into partnership

Hydro REIN and Eoulus have entered into a partnership for joint development and realization of a portfolio of nine Swedish wind power projects in early development phase. As part of the transaction, Hydro REIN has acquired 50 percent of the portfolio from Eolus.

The portfolio has a combined installed capacity potential of up to 672 MW. Eight of the projects are in the Swedish SE3 price area and one in SE4. All projects are at an early development stage and are expected to be commissioned during 2027-2032, pending all required permits to be obtained.

Setterwalls advised Hydro REIN in the transaction.