Octopus Renewables acquires minority stake from Mirova in 85.8 MW Swedish wind farm

Octopus Renewables, the specialist clean energy investor arm of Octopus Group, and Mirova, an affiliate of Natixis Investment Managers, have announced the acquisition of a 49% stake in the Rodene onshore wind farm by Octopus Renewables from Mirova.

Located outside Alingsås in Västra Götaland, Sweden, the onshore wind farm is currently under construction by RES under an engineering, procurement, and construction (EPC) contract. The wind farm will be fully operational in the second half of 2022.

Once operational, Rodene will compromise 13 wind turbines with a total capacity of 85.8 MW, the equivalent of powering 40,000 homes in Sweden. The wind farm will save up to 230,000 tons of CO2 emissions per year.