Holmen shifts its energy business up a gear
On 24 February Holmen acquired all shares in the part-owned wind farm Varsvik AB, located on Holmen land in Uppland. The purchase boosts Holmen’s business in renewable energy and marks a further step in terms of the company’s ambition to contribute to climate transition.Varsvik Wind Farm was commissioned in November 2014 and was erected by a company jointly owned by Holmen and a renewable energy investment fund. Holmen is now buying the fund’s share of the company (50 per cent), thus fully integrating Varsvik Wind Farm in Holmen’s renewable energy portfolio. “For Holmen, investments in