Fu-Gen

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Fu-Gen was founded on the initiative of a group of renewable energy experts who bring together experience in the development and construction of new projects, as well as the operation and acquisition of existing ones. The development strategy aims at the creation of an extensive grid-parity portfolio made of solar, wind, and storage- based projects. Fu-Gen currently operates in Sweden and Italy with locally established teams in both countries.

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This project is in line with the company’s vision and strategy. Our local team is well established in the region and we are excited to expand our portfolio in Northern Sweden with Fjällboheden and other projects in the future

Yaron Feingers, CEO of Fu-Gen AG

We have identified Sweden as an optimal core market for our Sustainable Investment Fund’s growth and diversification strategy. We are excited about the cooperation with Fu-Gen and the construction of Fjällboheden. We look forward to opportunities for investments in more wind power projects, together with Fu-Gen in Sweden

Balthazar Cazac, Abraxas

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Green light for a new wind farm in Northern Sweden

Mon, Nov 04, 2019 07:39 CET

Swiss energy company Fu-Gen AG has partnered with British asset manager Abraxas Capital Management to construct a wind farm outside Skellefteå for a total investment of EUR 56 million.The cooperation between the parties was sealed in July 2019 through the acquisition of the project rights for Fjällboheden Vind AB from the French company Engie. An agreement has been signed with Vestas – the leading supplier of wind turbines in Sweden – for delivery of 10 wind turbines in 2021. “This project is in line with the company’s vision and strategy. Our local team is well established in the region

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Green light for a new wind farm in Northern Sweden