Press

20.08.2020 | Press release | WSP

WindSpace project installs the first 5,3 MW GE CYPRESS turbine in Scandinavia

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Info

Björkvattnet
The wind park Treblade-Björkvattnet is located approx. 470 km north of Stockholm in Sweden.
The area around Björkvattnet includes one of Sweden's largest onshore wind parks. This has not only attracted several investors and companies to the area, but also increased population growth.
WindSpace has developed the project in collaboration with Vindparken Förvaltning AB and GE Renewable Energy.

The wind park contains 33 onshore wind turbines with a tower height of 141 meters, while the turbines are 220 meters from the foundation to the wing tip. The rotor diameter is 158 meters.
Each turbine has a capacity of 5.3 MW, and together the 33 wind turbines can thus have a capacity of 175 MW. The wind park's total energy production is estimated at 600 GWh per year. This corresponds to the electricity consumption for approx. 175,000 households.

Björkvattnet was sold to French InfraVia Capital Partners' infrastructure fund InfraVia European Fund IV in collaboration with GE Energy and NEWSEC, which has been the financial advisor.

The first of 33 wind turbines from GE Renewables totalling a tip height of 220 meters have just been erected on the Treblade-Björkvattnet Wind Park.

Stenger & Ibsen Construction has successfully completed the construction works and are in the process of handing over the project area. GE Renewable Energy turbine deliveries are well underway. The focus of the site works is now on the erection of the turbines. Pre-installation has been completed on more than fifteen turbines. Three main cranes are operating on site installing the final sections and the nacelle, hub, and blades. On the 13th August 2020 a major milestone was achieved when the installation was completed of the first turbine. The remaining turbines are planned to be erected during 2020.

Jens Elton Andersen, CEO and partner in Danish WindSpace:
During the COVID-19 crisis, we have been impressed with the logistics and risk management being performed by all suppliers, contractors and advisors minimizing the impact on the installation schedule. The choice of Natural Power as owners engineer, Stenger & Ibsen and GE Renewables is the result of our strategy to focus on partnering with operationally skilled first tier strategic companies with a proven track-record,” he says.

Danish entrepreneurial forces
Since 2014, Danish WindSpace has worked closely with Swedish Vindparken Förvaltning and GE Renewable Energy on the development and the construction of the park, which will include some of the world's largest onshore wind turbines - a total of 33 turbines measuring 220 meters from foundation to wing tip and each has a capacity of 5.3 MW. The wind park has a total capacity of 175 MW and will produce electricity corresponding to the consumption of up to 175,000 households. The turbines are expected to be operational by the end of 2020.

Jens Elton Andersen continues:
“We are very proud to see the physical proof of our efforts in developing and construction such a large wind park, which represents a leap forward for the green transformation of the energy sector. The last six years we have been working with our international partners to make this happen, ”he says.
Google has announced that they have made an agreement to supply power from Treblade-Björkvattnet to their data centres in the Nordic countries, which guarantees the renewable energy producer a minimum income over a longer time period.

Björkvattnet is located approx. 470 km. north of Stockholm. The 33 new wind turbines are being built in an area that already includes one of Sweden's largest wind parks and will thus further strengthen the park's central role in achieving the Swedish goal of becoming fossil-free in 2040, and as part of Nordic electricity cooperation and thus potentially also supply Danish electricity consumers.

For further information
WindSpace, Jens Elton Andersen, CEO and partner, +45 2014 8322, jea@windspace.dk

  • 25.08.2020 | Press Release | WSP

    WindSpace Announces Exclusivity Agreement with Environmental Waste International

    A plant in Nyborg, Denmark will be the first under the agreement. The agreement also includes a long-term partnership between the companies and a mutual exclusivity agreement for the development and installation of waste tire recycling plants across Europe.

    WindSpace has been working on the establishment of Elysium Nordic, a tire recycling project in Nyborg, Denmark since 2018. After an exhaustive search and thorough evaluation it decided to conclude the agreement with EWS. Both companies are delighted to see this partnership formalized. The partnership is a perfect match between the project development and execution capabilities of WindSpace and EWS’ technology and experience in recycling waste tires.

    EWS has developed a proprietary system for processing rubber tires via a unique microwave technology that safely processes and recycles waste tires, while recovering highly valuable commodities, including reclaimed carbon black (rCB), steel, syn gas and oil.Each unit is designed to be environmentally safe, energy efficient, and economically profitable for the operator.

    Commercialization of EWS’ Reverse Polymerization™ technology represents a momentous breakthrough in dealing with one of the world’s most stubborn waste problems in an environmentally friendly manner.

    The first Elysium Nordic plant in Nyborg will be capable of processing 30,000 tons of end-of-life tires annually.

    Jens Elton Andersen, CEO of WindSpace said, “We are very happy to enter the tire recycling business in partnership with EWS. We chose EWS after an exhaustive two-year search for the best available technology both from an economic and environmental perspective. We are looking forward to a long and successful partnership in Europe.”

    Bob MacBean, EWS CEO said, “We are delighted to have WindSpace as our partners in Europe. This endorsement from a sophisticated and experienced group is an important milestone which confirms our belief that our technology is the best-in-class solution to the worldwide reclamation of waste rubber problem. The timing seems right for our long-term developmental efforts to be rewarded. We are currently in various stages of discussion with prospective customers or partners around the world, which underscores the global nature of the problem and the attractiveness of our solution.”

    Download: EWI press release

  • 20.08.2020 | Press release | WSP

    WindSpace project installs the first 5,3 MW GE CYPRESS turbine in Scandinavia

    The first of 33 wind turbines from GE Renewables totalling a tip height of 220 meters have just been erected on the Treblade-Björkvattnet Wind Park.

    Stenger & Ibsen Construction has successfully completed the construction works and are in the process of handing over the project area. GE Renewable Energy turbine deliveries are well underway. The focus of the site works is now on the erection of the turbines. Pre-installation has been completed on more than fifteen turbines. Three main cranes are operating on site installing the final sections and the nacelle, hub, and blades. On the 13th August 2020 a major milestone was achieved when the installation was completed of the first turbine. The remaining turbines are planned to be erected during 2020.

    Jens Elton Andersen, CEO and partner in Danish WindSpace:
    During the COVID-19 crisis, we have been impressed with the logistics and risk management being performed by all suppliers, contractors and advisors minimizing the impact on the installation schedule. The choice of Natural Power as owners engineer, Stenger & Ibsen and GE Renewables is the result of our strategy to focus on partnering with operationally skilled first tier strategic companies with a proven track-record,” he says.

    Danish entrepreneurial forces
    Since 2014, Danish WindSpace has worked closely with Swedish Vindparken Förvaltning and GE Renewable Energy on the development and the construction of the park, which will include some of the world's largest onshore wind turbines - a total of 33 turbines measuring 220 meters from foundation to wing tip and each has a capacity of 5.3 MW. The wind park has a total capacity of 175 MW and will produce electricity corresponding to the consumption of up to 175,000 households. The turbines are expected to be operational by the end of 2020.

    Jens Elton Andersen continues:
    “We are very proud to see the physical proof of our efforts in developing and construction such a large wind park, which represents a leap forward for the green transformation of the energy sector. The last six years we have been working with our international partners to make this happen, ”he says.
    Google has announced that they have made an agreement to supply power from Treblade-Björkvattnet to their data centres in the Nordic countries, which guarantees the renewable energy producer a minimum income over a longer time period.

    Björkvattnet is located approx. 470 km. north of Stockholm. The 33 new wind turbines are being built in an area that already includes one of Sweden's largest wind parks and will thus further strengthen the park's central role in achieving the Swedish goal of becoming fossil-free in 2040, and as part of Nordic electricity cooperation and thus potentially also supply Danish electricity consumers.

    For further information
    WindSpace, Jens Elton Andersen, CEO and partner, +45 2014 8322, jea@windspace.dk

  • 4.05.2020 | Info | WindSpace

    Strengthening the WindSpace team

    Due to our expanding operations in developing wind park and recycling investment opportunities for our global customers and partners, WindSpace is proud to welcome three additional investment profiles.:

    Pascal Lasnier joined as Head of Investment Relationships. He is responsible for presenting WindSpace and Elysium Nordic to corporate and institutional investors. He has substantial experience within international investments. Pascal has previously worked as head of new markets equities in Maj Invest and Kirkbi and several international investment banks.

    Claude Yammin Jeppesen joined as Financial Analyst. Her responsibilities include market and investment analysis and presentations of investment opportunities to investors. Her strengths include significant analytical skills and experience from a her previous position as Investment Analyst in PFA Global Real Estate.

    Ritika Sahgal also joined us as Financial Analyst. She will be responsible for financial modelling, investment analysis and representation of investment opportunities. She has substantial experience within investment analysis. Ritika has previously worked as Investment Manager and Analyst in PensionDanmark and several London based asset management corporations and investment banks.

    We are convinced, that Ritika, Claude and Pascal by joining our diverse and talented organization will increase our ability to reach our vision of a world that runs entirely on green energy and recycles all its waste.

  • 2.10.2019 | |

    WindSpace sells one of the World's first commercial wind farms

    Next year, Google's data centres will receive electricity equivalent to the consumption of nearly 200,000 households from one of the largest onshore wind farms realized on commercial terms – from a Danish development company. With this trade, Danish WindSpace is making a serious mark in the international renewable energy investment and development market.

    Wind energy has become so efficient and competitive that it can increasingly be installed without subsidies. The new large-scale onshore wind farm in Sweden; Björkvattnet, published today, is a proof of this. Starting next year, the project is expected to power Google data centres and approx. 175,000 households. Björkvattnet is also part of Google's huge renewable energy investment of 286 MW in Sweden - of which Björkvattnet accounts for the 175 MW.
    Jens Elton Andersen, CEO and partner in Danish WindSpace:
    “It is an absolute game changer that we managed to create such a large wind farm in Sweden without subsidies. It must be the first time in the Nordic countries. This could mean even greater opportunities in the global market when it comes to renewable energy projects and, in particular, wind projects,” he says.
    Estimates from the International Monetary Fund (IMF) show that as much as 6.4 percent of global GDP is used to support the coal, oil and gas sectors. And usually renewable energy are only feasible investments if the projects receive public subsidies. In Denmark, total public support for renewable energy projects was just under DKK 9 billion in 2018 according to the Danish Energy Agency.

    Danish entrepreneurial forces
    Since 2014, Danish WindSpace has worked closely with Swedish Wind Farm Förvaltning and GE Renewable Energy on development and construction of the park, which will include some of the world's largest onshore wind turbines - a total of 33 turbines measuring 220 meters from foundation to wing tip and each has a capacity of 5.3 MW. The wind farm has a total capacity of 175 MW and will produce electricity corresponding to the consumption of up to 175,000 households. The turbines are expected to be operational by the end of 2020.

    Jens Elton Andersen continues:
    “We are very proud to announce the sale of such a large wind farm, which represents a leap forward for the green transformation of the energy sector - and on commercial terms. The last five years we have been working with our international partners to make this happen, ”he says.
    Last week, Google announced that they have made an agreement to supply power from Björkvattnet to their data centres in the Nordic countries with a so-called PPA (Power Purchase Agreement), which guarantees the renewable energy producer a minimum income over a longer period.
    Björkvattnet is located approx. 470 km. north of Stockholm. The 33 new wind turbines will be built in an area that already includes one of Sweden's largest wind farms and will thus further strengthen the park's central role in achieving the Swedish goal of becoming fossil-free in 2040, and as part of Nordic electricity cooperation and thus potentially also supply Danish electricity consumers.

    For further information
    WindSpace, Jens Elton Andersen, CEO and partner, +45 2014 8322, jea@windspace.dk
    GE Renewable Energy, Becky Norton, Onshore Wind, Communications Leader, +1 518 522 8832, becky.norton@ge.com or Sebastien Duchamp, Director of External Affairs, SEBASTIEN.DUCHAMP@GE.COM

    FACTS
    Björkvattnet
    The wind farm Björkvattnet is located approx. 470 km north of Stockholm in Sweden.
    The area around Björkvattnet includes one of Sweden's largest onshore wind farms. This has not only attracted a number of investors and companies to the area, but also increased population growth.
    WindSpace has developed the Björkvattnet in collaboration with Vindparken Förvaltning AB and GE Renewable Energy.
    The park will contain 33 onshore wind turbines with a tower height of 141 meters, while the turbines are 220 meters from the foundation to the wing tip. The rotor diameter is 158 meters.
    Each turbine has a capacity of 5.3 MW, and together the 33 wind turbines can thus have a capacity of 175 MW. The park's total energy production is estimated at 600 GWh per year. This corresponds to the electricity consumption for approx. 175,000 households.
    Björkvattnet was sold to French InfraVia Capital Partners' InfraVia European Fund IV infrastructure fund in collaboration with GE Energy and NEWSEC, which has been financial advisor.


    FACTS
    WindSpace
    WindSpace is a Danish development and investment company within renewable energy and green technology. The company's specialty is the development and design of wind farms in development markets in Europe, with a special focus on Sweden and Poland.

    Since 2006, WindSpace has developed 17 MW solar projects and 450 MW wind projects. The company has listed and managed approx. DKK 450 million in eight investment projects with a total of 32 MW of wind turbines.

    In addition, WindSpace is, through its sister company, Elysium Nordic, preparing to build one of the world's largest pyrolysis plants for recycling old tires. The plant will be located in Nyborg and will recycle approx. 30,000 tonnes of tires per year. This will reducse emissions of approx. 24,000 tonnes of CO2 annually.

    WindSpace was established in 2006 and is today owned by Jens Elton Andersen (CEO), Flemming Engelstoft (COO) and Rune Blæsbjerg (CTO).

    WindSpace has extensive experience in international project financing and executes sales processes with some of the world's largest investment funds.

    As some of the only developers on the market, WindSpace offers investment projects in all stages of the project, including planning and construction. This ensures customers a greater share of the value added and thus a better return.

     

  • 28.03.2019 | Info | WindSpace

    60 MW of wind projects ready for sale and construction in Sweden

    The building permit for wind farms Storbrännkullen and Isbillen has been exteded to the end of 2022.

    Since 2013 WindSpace has developed wind farms Storbrännkullen and Isbillen in located 530 kilometres north of Stockholm in Sweden in cooperation with our swedish development partners. The two farms have a total capacity of 60 MW. As the projects have final permits and have also been through a thorough due diligence process, they are effectively ready to build.

    "We now enter into the sales phase of Storbrännkullen and Isbillen. Because of its ambitious renewable energy plans, Sweden represents a major investment opportunity for many years to come. According to official targets by the Swedish government the country will see an increase in renewable energy generation to 37 TWh by 2022", says Jens Elton Andersen, CEO and partner, WindSpace.

  • 5.02.2019 | Info | WindSpace

    First milestone in getting new value from end-of-life tires

    WindSpace has established Elysium Nordic

    WindSpace has established Elysium Nordic, a Danish company, that creates new value from end-of-life tires (ELT) by using pyrolysis technology to recover gas, steel, oil and especially carbon black from ELT. Carbon black is a material which is irreplaceable in the production of, among other, tires and rubber based materials.

    The first pyrolysis plant will be built in the port of Nyborg. By the time it starts production in 2021, it will be able to recover more than 9.000 tons of carbon black from 30.000 tons of ELT. The plant will be the first step towards a more circular, sustainable and economically reasonable approach to the handling of ELT, in which the tires are recycled instead of incinerated.

    For more information on Elysium Nordic, please go to http://www.elysiumnordic.com or see:

    Dansk virksomhed opfører et af verdens største pyrolyseanlæg på Nyborg Havn

    Nyt pyrolyseanlæg i Nyborg skal genanvende 30.000 ton dæk om året

    Nyborg valgt: Ny virksomhed til 300 millioner kroner på havnen

  • 7.05.2018 | Info | WindSpace

    First cooperation agreement on new green tech investments

    Cooperation agreement signed with Scandinavian Enviro Systems

    As a result of evaluating several innovative greentech solutions enabling reduction in CO2 emissions, WindSpace have today signed a cooperation agreement with Scandinavian Enviro Systems. The aim is to build one of the worlds largest pyrolysis facilities in Nyborg, Denmark to treat end-of-life tires and thereby recover the original components of bio-oil, steel, gas and a valuable product called carbon black to be used in the production of new materials. The excess heat will be delivered as district heating to consumers in Nyborg.

    "The pyrolysis technology from Scandinavian Enviro Systems combines the quality of being very thoroughly tested at their Facility in Sweden and also brand new in the way that we indtend to build an industrial scale plant based on the same technology. This is just what we are looking for in a new green technology to invest in." says Rune Blæsbjerg, CTO and partner, WindSpace.