SCA and E.ON sign agreement on wind power joint venture
SCA signed a joint venture agreement with E.ON today, through which E.ON will develop a number of wind power projects together with SCA.
The joint venture includes the areas operated by SCA Vind up until the licence application: Hästkullen and Björnlandhöjden in Härnösand, and Kramfors and Timrå municipalities. The agreement also covers wind power projects in southern Ånge and in Ljusdal.
“The joint venture includes approximately 270 wind power stations and a total energy production of more than 2 TWh, corresponding to the electricity required for warming 100,000 Swedish households,” says Head of SCA Energy, Åke Westberg.
Future investment decisions can be expected by 2014 or 2015 at the earliest. The project is expected to be in operation by 2016 to 2017 at the earliest.
Stockholm, 7 December 2012
For further information, please contact:
Johan Karlsson, VP Investor Relations, +46 8 788 51 30
Petter Tiger, Acting Communications Manager Media Relations, +46 8 788 53 62
SCA is a global hygiene and forest company that develops and produces personal care products, tissue and forest products. Sales are conducted in some 100 countries. SCA has many well-known brands, including the global brands TENA and Tork. Sales in 2011 amounted to SEK 106 billion (EUR 11.7 billion). SCA has approximately 37,000 employees. More information at www.sca.com