September 29, 2020 - Assignment

Eolus Vind sells wind parks to Commerz Real

Eolus Vind AB (publ) has entered an agreement with Commerz Real regarding the sale of three wind farms in southern Sweden with an installed effect of 68 MW. The preliminary purchase price is EUR 82,5 million.

The transaction is made through the sale of all shares in three project companies owning the rights of the wind farms Boarp (24 MW) located in Vaggeryd municipality, Dållebo (26 MW) located in Ulricehamn municipality and Rosenskog (18 MW) located in Falköping municipality, all in southern Sweden. Eolus will construct the wind farms and Commerz Real will provide financing during the construction. The parks are expected to become operational and taken over by Commerz Real during the fall 2023.

Eolus Vind AB (publ) was advised by Mannheimer Swartling in the transaction.