Holmen is establishing additional wind power on its land

Holmen’s Board has decided to invest SEK 1.5 billion in the construction of Blisterliden Wind Farm in Skellefteå Municipality. As part of Holmen’s drive to develop its renewable energy business, the investment will boost hydro and wind power production by 20 per cent.

“This investment is fully in line with our strategy to create long-term value, while facilitating the green transition through greater electrification. We are in no doubt that wind power will play an important role in the electricity system of the future, along with controllable hydro power, and we are proud to be able to contribute to this development,” says Fredrik Nordqvist, Senior Vice President Renewable Energy.

The company’s renewable electricity production will contribute to a more sustainable society, in combination with the growing forest and the renewable products manufactured at Holmen’s mills. This particular investment will increase Holmen’s annual production of renewable energy from water and wind by 360 GWh to just over 2 TWh.
more at: https://www.holmen.com/en/newsroom/press/press-releases/2024/holmen-is-establishing-additional-wind-power-on-its-land/

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