Helios Nordic Energy ABs inlägg

Commerz Real receives 90 MW, ready-to-build, from Helios🚀 On 22 April, Helios Nordic Energy AB (Helios) handed over two PV solar projects with a combined capacity of some 90 MWp to a fund managed by Commerz Real. The projects are fully permitted to start construction and have secured grid connection agreements. The largest, named Wing Fields, has a nominal capacity of 49.4 MWp. It is located in the municipality of Vingåker. The other, named Gas Light, has a nominal capacity of 39.2 MWp. It is located in the municipality of Götene. Both are a part of the five-project Serene portfolio that Commerz Real acquired from Helios in late 2022. Helios will remain involved in the projects providing construction management services and thereafter asset management services when the plants have entered operation. "We are delighted with Helios's track record of turning projects into sales and sales into handovers. These deliveries allow Helios to recognize all sales revenue from the transactions," says Erik Sneve, CEO of Magnora. "I'm very proud of Helios solidifying its position as the leading pv solar developer in Sweden, having delivered already three large-scale projects in 2024. We have a truly great team, and we are all highly motivated to continue adding more renewable energy production in the Nordics. We are also grateful for the very collaborative partnership we have established with Commerz Real, enabling us both to benefit from the growing and lucrative PV solar market in the Nordics", says Andreas Tunbjer, CEO Helios Helios Nordic Energy AB is a developer of large-scale solar PV and battery energy storage projects. The company is active in Sweden, Finland and Norway (through the joint venture Hafslund Magnora Sol). Helios has to date sold 24 solar PV projects to several different Tier 1 investors with an accumulated capacity of approx. 1 GW. Helios has so far delivered 8 projects with a total combined capacity of approx. 300 MW. The project pipeline exceeds 11 GW distributed over Sweden and Finland and includes both stand-alone BESS and solar PV projects. Commerz Real is a German asset management company, specialising in renewable energy and real estate investments. It is part of Commerzbank Group.

See below post from Erik Sneve CEO of Magnora ASA, investor and shareholder in Helios, about out our closing of a 40 MW project in Gotland. The buyer of this remarkable project is Nordic Solar A/S.

We are very happy to share our customer Nordic Solar A/S ´s announcement about the construction start of project Lindesberg with 22 MW installed capacity. This is a project developed by Helios and was handed over last year after reaching RtB. Helios is still involved in the construction phase, providing construction management services. Nordic Solar is a highly valued customer and partner to Helios and we are very proud to suppport their ambitious growth targets for their Swedish portfolio.

When 2023 now comes to an end it is with pride that we look back at a very eventful and successful year, with plenty of achievements by our dedicated team, including: -       Handover of project Maple Hill (92 MW) in Hultsfred to Nordic Solar. -       Handover of project Opera (21 MW) in Örebro to Nordic Solar. -       Handover of project Yellowfield (13 MW) in Katrineholm to Solgrid. -       Handover of project Tough Ridge (19 MW) in Örebro to Solgrid. -       The sale of Merope Portfolio (83 MW), including two pv projects to Nordic Solar. -       The sale of our largest project portfolio to date, consisting of seven pv parks (256 MW), to the Norwegian energy utillity Hafslund. -       Our expansion to Finland, through our subsidiary Helios Finland OY. -       The launch of Sunbeam by Helios, devloping small scale pv projects. - Expansion of our pv and BESS -project pipeline, now exceeding 9 GW. One of the main highlights this year was the innaguration of our first grid connected project Kings Roar (22 MW) outside of Västerås. This was a very memorable event where we were able to celebrate the completion of Swedens largest pv park in operation, to date. The project is owned by a fund managed by German Commerz Real. It has also been very fulfilling for our team to welcome several new colleagues and talents to Helios. During the year we have almost dubbled our team to now include 25 people as of end of 2023. For 2024 we look forward to yet another exiting year with even more project deliveries in Sweden and evolving our businesses in Finland and in Norway through our joint ventures. We also look forward to continue our highly valued cooperation with all our customers, partners, authorities, grid operators and suppliers. From the whole Helios team we wish you a Happy New Year!

We are very proud to deliver our second Ready-to-Build pv project to our customer Solgrid. In total, our team in Helios have by now delivered approximately 170 MWp of new pv solar capacity that will soon contribute to the Swedish electricity supply. And we keep on working hard in getting more of our projects ready. Solgrid - Magnora ASA https://lnkd.in/d9kPxcde

We are really happy to welcome several new talents to the Helios team. Great to have you all on board! ☀ ☀ ☀