News Release from windfair.net

Wind Industry Profile of

windfair.net

08/09/2016

German Stadtwerke invest in Norway

Stadtwerke München participate in the construction of the onshore wind farm Raskiftet, which will be installed by early 2019 about 200 kilometers northeast of Oslo. The share of SWM is 60 percent, other partners are the two local Norwegian utilities Eidsiva Energi and Gudbrandsdal Energi.

The wind farm has a capacity of 112 megawatts, and its 31 turbines will generate around 350 gigawatt hours of green electricity per year. The SWM share is sufficient to cover the electricity needs of 84,000 households in Munich.

Dr. Florian Bieberbach, Chairman of SWM management comments: "The joint construction and operation of the wind farm Raskiftet with our Norwegian partners is an important step for the expansion of our renewables capacity. Following the successful establishment of our wind farms in Sweden, this is the next logical step to use the excellent wind conditions and the stable conditions in Scandinavia for the production of renewable energy.”