April 16, 2020 - Assignment

RES sells Rödene wind farm to Mirova

'RES has sold the wind farm project Rödene, situated outside Alingsås in Västra Götaland, Sweden, to Mirova, an asset management company dedicated to sustainable investing and an affiliate of Natixis Investment Managers. RES will construct the project under an EPC contract and will, once operational, provide asset management services for the wind farm. The project consists of 13 turbines with a total installed capacity of 85.8 MW, being the equivalent of powering 40,000 homes in Sweden and resulting in a yearly saving of 230,000 tonnes of CO2 equivalent.

RES is the world's largest independent renewable energy company active in onshore and offshore wind, solar, energy storage and transmission and distribution. RES has delivered more than 17 GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 5.5 GW worldwide for a large client base.

RES was advised by Mannheimer Swartling in the transaction.