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Commerz Real expands Klimavest portfolio to include solar power in Sweden for the first time ever

For the first time ever Commerz Real is investing in Swedish solar parks for its Klimavest impact fund. The five photovoltaic projects are already in an advanced stage of development and will have an installed capacity of 246 megawatts-peak. The developer is the Swedish company Helios Nordic Energy, which is currently developing some 70 projects in Scandinavia and the Baltics with a volume of approx. 2.3 gigawatts. As recently as May of this year Commerz Real acquired two photovoltaic projects in Sweden together with Helios for an institutional fund.

The five parks are project developments which are to be connected to the grid in 2023 and 2024. Four of the parks are located in the Greater Stockholm area and one project on the outskirts of Gothenburg. Helios is responsible for continuing the project development until it is ready for construction, for accompanying the construction until completion and for the ongoing technical management of the facilities. The generated green electricity is intended to meet the annual consumption of about 30,000 average Swedish households according to figures of Eurostat.

Source: commerzreal.com on the 19th of December 2022
https://www.commerzreal.com/en/press-release/press-release/commerz-real-expands-klimavest-portfolio-to-include-solar-power-in-sweden-for-the-first-time-ever/