GE Secures 175 MW Order For Cypress Platform

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GE will supply 33 of its 5.3 MW Cypress wind turbines for the 175 MW Björkvattnet wind farm in Sweden.

GE will also provide a 25-year full-service agreement. The project was developed by Vindparken and WindSpace, with support from GE Renewable Energy, and sold to InfraVia Capital Partners, a French infrastructure investor.

Located approximately 470 kilometers north of Stockholm, the 175 MW wind farm will generate enough renewable energy to power the equivalent of 175,000 homes in Sweden and will play a significant role in supporting the country’s target to become fossil-fuel-free by 2040. The project is expected to reach commercial operations by the end of 2020.

Peter Wells, CEO of onshore Wind in the European region of GE Renewable Energy, says, “The Björkvattnet wind farm is an exciting opportunity for GE, and our Cypress platform is ideally suited for the project. Cypress is evolving into a versatile solution well-suited for Europe’s varied terrain and wind conditions, including the Nordics, Germany, Spain, Italy and Austria, and we look forward to bringing it to Sweden for the first time. By working across the onshore wind value chain to optimize value for our customers, we will help reach its renewable energy targets.”

GE also provided development support, off-take solutions, technical and commercial optimization, and equity syndication expertise through GE Energy Financial Services. Co-sponsors were advised by NewSec, a financial company, and Mannheimer Swartling, a Swedish law firm.

GE’s Cypress platform was introduced last September.

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