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Siemens Gamesa secures largest ever deal for its 5.X platform for the 372-MW Björnberget wind project in Sweden

Supply Agreement Onshore Wind announced Sweden Oct 12, 2020
372 MW
Capacity

Siemens Gamesa will supply 60 of its SG 5.8-170 turbines to Prime Capital for the 372-MW Björnberget wind project in Sweden.

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Deal Analysis

The 372 MW Björnberget wind project in Sweden represents Siemens Gamesa's largest ever supply agreement for its 5.X platform, a substantial commercial achievement for the turbine manufacturer. This onshore wind development, announced on 2020-10-12, involves Siemens Gamesa delivering 60 SG 5.8-170 turbines to Prime Capital. The deal establishes a significant footprint for the 5.X technology in the Nordic market, demonstrating strong demand for Siemens Gamesa's higher-capacity turbine models. For Prime Capital, securing this turbine supply for 372 MW of capacity is a critical step in advancing the Björnberget project. This agreement adds a substantial renewable energy asset to Prime Capital's portfolio in Sweden. Prime Capital, managing approximately €20 billion in alternative investments, clearly aligns this 372 MW onshore wind project in Sweden with its significant focus on European renewable energy assets. The firm's involvement as a developer, alongside Enlight Energy, leverages its expertise in infrastructure debt and renewable energy, fitting the Björnberget project into its broader investment strategy. Siemens Gamesa, a global wind turbine manufacturer operating across onshore, offshore, and services, benefits from this supply agreement by expanding its manufacturing and installation pipeline for its advanced 5.X platform. This 2020-10-12 announcement further reinforces Siemens Gamesa's role in supplying critical technology for large-scale European wind developments. The deal solidifies Siemens Gamesa's position in the competitive European onshore wind sector.
  • Siemens Gamesa's largest ever deal for its 5.X platform.
  • Supply of 60 SG 5.8-170 turbines for the 372 MW Björnberget project.
  • Prime Capital manages approximately €20 billion in alternative investments.
  • The 372 MW onshore wind project is located in Sweden.
  • The supply agreement was announced on 2020-10-12.

Timeline

Announced
Oct 12, 2020
Signed
Closed

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