New wind farm in Norway – Proxima expands operations in Scandinavia

Swiss utility BKW and Norwegian developer Scanergy announced earlier today the investment decision for wind farm project Marker in municipality Ørje and Østfold region.

Local management of the project during the construction and operation phases will be provided by Proxima Scandinavia, a BKW affiliate that specialises in the technical and commercial monitoring of wind farms in Scandinavia. Proxima is a joint venture established at the end of 2016 by BKW and Norwegian company Captiva. The joint venture combines Captiva’s local experience in project development and construction with BKW’s European experience in its own renewable energy plants and those it manages for third parties.

Start of construction is planned for autumn 2017 and this will be Proxima’s first construction and operations contract for wind farms in Norway. This will add to Proxima’s current ongoing construction and operation activities in Sweden and is an important milestone in our efforts to become a full scope asset manager and service provider for wind farms in Scandinavia said Tormod Nyberg, Managing Director of Proxima Scandinavia AS.

Marker wind farm consist of 15 wind turbine generators and a total installed capacity of 54MW. Annual estimated production is 193 GWh which amounts to more than annual consumption of 13 000 households.

Proxima Scandinavia AS receives contracts for the construction- and asset management of the wind farm Ränsliden

The project Ränsliden, located in Mellerud municipality in Sweden, has been sold by the project developer Scanergy AB to a financial investor. The investor has contracted Proxima Scandinavia AS to manage the construction running until mid-2018, and the asset management for a minimum of five years thereafter.

The wind farm project Ränsliden has been developed by the Karlstad based project developer Scanergy AB, and is located in Mellerud municipality, on the western side of Sweden’s largest lake, Vänern. The project will consist of 7 Siemens SWT 3.6/3.3 MW turbines, each with a hub height of 135 meters and a total height of 200 meter. The annual production will be approximately 85 GWh.

We are very pleased to have closed these contracts and look forward to developing Proxima into a substantial player – Tormod Nyberg, CEO Proxima Scandinavia

The project was sold by Scanergy AB in late 2016 to a German financial investor. The investor has engaged Proxima to manage the construction of the project, and thereafter the technical and commercial asset management. The construction will start in March 2017 and be finished in mid-2018 and the asset management contract will run for an initial term of five years.

— We are very pleased to have closed these contracts and look forward to developing Proxima into a substantial player within the construction, operations and asset management of renewables in Scandinavia, says Tormod Nyberg, CEO of Proxima Scandinavia AS.

For further information on Proxima Scandinavia AS, CEO Tormod Nyberg can be contacted at tn@captivacapital.no or +47 952 18 549.

BKW and Captiva Asset Management establishes an independent service provider for renewables in Sweden and Norway

Captiva Asset Management AS and the Swiss utility BKW AG have agreed to establish the joint venture Proxima Scandinavia AS as an independent service provider. Proxima will target the growing downstream service market for renewables in Norway and Sweden.

Proxima Scandinavia AS will deliver services in late stage project development, project construction, technical and commercial management and operations and maintenance in Norway and Sweden. Initially for wind power only. The joint venture will combine Captiva’s local presence and experience from project development and construction, with BKW’s extensive technical and commercial experience from operational assets across Europe.

Proxima will deliver services in late stage project development, project construction, technical and commercial management and operations

New renewables in Norwegian and Swedish, primarily onshore wind, have since the late 2000s expanded rapidly, and is set to continue to grow. This development has primarily not been driven by the traditional local utilities. The partners believe that this combination of strong underlying growth and a new asset ownership environment will create a demand for independent third party service providers, as has happened in the mature markets of Germany and Denmark.