In December 2020, Fu-Gen acquired the majority of shares (70 %) in Tormoseröd Vindpark AB, a project-company fully owned by Alpiq. The primary scope of this partnership is to build the Tormoseröd wind farm, based in the municipalities of Strömstad and Tanum, county of Västra Götaland in Sweden, and operate it over the next 30 years.
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OKAlpiq’s energy expertise in the Nordics and the Baltics
Alpiq is a leading electricity generator and energy services provider with a portfolio of power plants right across Europe. As a soundly financed Swiss corporation, we combine solidity and reliability with a proven track record in renewable and flexible energy assets. We have been generating climate-friendly and sustainable electricity from carbon-free Swiss hydropower for more than a hundred years.
Global knowledge coupled with local expertise
We are extending the sustainability chain from the heart of Europe to the Nordics and the Baltics, combining our pan-European experience with local expertise. Our teams based in the region understand the local markets, speak the local language and deliver local service while drawing on Alpiq’s wide-ranging know-how.
Like all the experts at Alpiq, our teams in the Nordics and Baltics are all about solving problems. We dig deeper to devise the most efficient and profitable solution for each unique situation. This personal, pragmatic, can-do approach helps each of our customers achieve their specific sustainability goals and financial targets.
Long-term contracts are our priority, so when you work with Alpiq, you get a partner that is solidly committed to you. A partner with the expertise and staying power to handle all the details while remaining focused on the big picture. Learn more about how our hands-on, solution-oriented approach to service delivery can help you overcome your challenges and meet your goals.
Call on Alpiq for
Power plant management as well as trading and origination.
Supply: Whether it is gas or electricity, Alpiq's supply contracts are always straightforward and tailored to your needs. You benefit from reliability and attractive prices.
Balancing: Alpiq is the European expert on balancing energy supply and demand. With our customised solutions, you can minimise your risk while increasing your flexibility. Ask us about energy management to optimise your portfolio and profitability.
Power purchase agreements: A PPA with Alpiq helps making electricity prices stable and calculable and reduces risk. Talk to us about how a PPA can help you manage renewable energy and gain financial security.
Your energy experts in the Nordics and Baltics
When you partner with us, your project benefits from the input of highly qualified energy experts with extensive local knowledge – laser-focused on creating sustainable solutions. Contact us – let’s talk about your energy needs.
Aivaras Simkunas
Managing Director
Alpiq Norway AS
aivaras.simkunas@alpiq.com
+47 900 335 56
Helge Haugland
Energy Originator
Alpiq Norway AS
helge.haugland@alpiq.com
+47 907 890 54
Ulf Dahlin
Senior Energy Adviser
Alpiq Finland Oy
ulf.dahlin@alpiq.com
+ 46 (0) 708 223 502
Matti Ahtosalo
Head Origination Nordics
Managing Director
Alpiq Finland Oy
matti.ahtosalo@alpiq.com
+358 500 837 893
Kimmo Tyni
Operative Officer Nordics
Alpiq Finland Oy
kimmo.tyni@alpiq.com
+358 40 568 3003
Olli Puranen
Director Industrial
Sales Nordics
Alpiq Finland Oy
olli.puranen@alpiq.com
+358 400 195 241
News
Alpiq and Fu-Gen enter into agreement for Swedish wind farm Tormoseröd
Partnering toward clean energy production
The concession for the asset construction is already in force and all the necessary rights have been secured, enabling the project construction to start in early 2021. The wind farm commercialisation is foreseen to start at the beginning of 2023 with an intended installed capacity of up to 72.6 Megawatts, equivalent to the consumption of 8’400 Swedish households.
Alpiq will be responsible for the project management activities during the construction phase and for technical and commercial asset management during operation. Onsite Alpiq will follow up the construction with its team of specialists and support the technical and commercial operations.
Co-ownership project model to provide best quality service
Tormoseröd is an important project for Alpiq in terms of project development, financing model and risk management. The asset light approach includes a major co-investing partner for renewable energy projects, with Alpiq taking over the development part of the assets in order to provide high-quality service to its customers.
Contribution to future energy requirements
The Tormoseröd wind farm project is totally in line with the Swedish Wind Energy Association’s strategy aiming to reach a 100 % renewable electricity generation by 2040. More specifically, it meets its expectations in terms of renewable energy projects development, as wind power generation is expected to be increased from today’s 20 TWh to at least 90 TWh in 2040 and account for over half of the electricity consumption in Sweden.
Alpiq and Fu-Gen are committed to renewable energies such as wind power and perfectly in line with tomorrow’s increasingly decentralised, decarbonised and digitalised energy world.
Alpiq follows a sustainable, financially sound and risk-adjusted energy business, in order to contribute to a better climate and a greater security of supply in European markets.
About Alpiq
Alpiq is a leading Swiss energy services provider and electricity producer in Europe. Alpiq offers its customers comprehensive and efficient services in the fields of energy generation and trading as well as energy optimisation. As an international energy trader, Alpiq is active on all major European markets with unique expertise in the field of flexibility management and origination. The Alpiq Group has approximately 1200 employees and is headquartered in Lausanne, Switzerland.
The Swiss based Alpiq Ecopower AG (“AEP”) subsidiary was founded in 2011 with the purpose of operating and implementing renewable energy projects in Europe. So far AEP has been owning a total installed capacity of more than 320 MW’s in Italy, Bulgaria, France and in its home market Switzerland. www.alpiq.com
About Fu-Gen
Fu-Gen (Future Generation Renewable Energy), currently operating in Sweden and Italy with locally established teams in both countries, was founded on the initiative of a group of renewable energy experts who bring together experience in the development and construction of new projects, as well as the operation and acquisition of existing ones.
Fu-Gen development strategy aims at the creation of an extensive grid-parity portfolio made of solar, wind, and storage based projects.
The Swedish based subsidiary Fu-Gen Energi AB is currently working on the development of a wind on-shore project pipeline of more than 600MW, mainly focused on Northern Sweden, and is exploring the potential of Green Hydrogen production in the Nordics. www.fugen-ren.com
Technical Contact
Head of Business Development, Generation International
Raffaele Beffa
T: +41 62 286 76 04
