ERG Sells 62 MW Furuby Onshore Wind Farm in Sweden to Nordetic AB for €71 Million
ERG has sold the 62 MW Furuby onshore wind farm in Sweden to Nordetic AB, part of the eNordic Group owned by Ardian, for an enterprise value of €71 million. The operational wind asset has been in service since 2022 and generated 134 GWh in 2024.
Transaction date: · Source: erg.eu
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 62 MW
- Transaction price
- 71 million (currency as reported in the source)
- Buyer
- Nordetic AB (eNordic Group, owned by Ardian)
- Seller
- ERG Power Generation S.p.A. (ERG Group)
- Country
- Sweden
- Location
- Furuby, Sweden
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
Operational onshore wind farm with an installed capacity of 62 MW. The project entered commercial operation in November 2022.
Additional information
The transaction involves the sale of 100% of ERG Sweden Holding AB, owner of Furukraft AB, which owns the Furuby wind farm. In 2024, the asset generated 134 GWh of electricity and an EBITDA of EUR 6.3 million. The enterprise value of the transaction amounts to EUR 71 million, with a potential earn-out of up to EUR 6 million linked to future production performance. The sale marks ERG’s exit from the Swedish market as part of its geographic refocusing strategy.