NIB loan for 146 MW onshore wind farm in northern Sweden
The Nordic Investment Bank (NIB) and Swedish Klev Wind AB, a special purpose vehicle owned by Renewable Power Capital (RPC) and backed by the Canada Pension Plan Investment Board (CPPIB), have agreed on a five-year EUR 44 million loan. The loan will enable RPC to acquire the Klevberget wind farm, support the construction and operation of the 146 MW onshore wind project near Sundsvall, northern Sweden.The Klevberget wind farm consists of 24 wind turbines, each with a capacity of 6.1 MW. Construction of the wind farm began in February 2022 and the wind farm is planned to commence operations