ENCAVIS acquires a second subsidy-free 14 MW solar park in Sweden
Wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG, acquires a second solar park in Sweden as part of its partnership with the Norwegian solar park developer Solgrid AS.
The park is located in Västervik on the east coast of Sweden, will have a generation capacity of around 14 MW and is planned to be connected to the grid in Q3 2023. Encavis and Solgrid aim to jointly develop further solar parks in Southern Sweden with a total generation capacity of more than 100 MW.
Mannheimer Swartling assisted Encavis in the transaction.