SEB Nordic Energy’s portfolio company Locus Energy is pleased to announce the successful commencement of commercial operations at its Gullbergelva hydropower plant, located in Åfjord municipality, Norway. Following Locus Energy’s acquisition of Blåfall Utvikling A/S earlier this year, Gullbergelva represents a milestone as the first project since the transaction to reach commercial operation. The Gullbergelva […]

The new partnership will enable the construction of 13 new large-scale battery energy storage systems across southern Sweden, adding an additional 196 MW of flexible capacity to the national grid in price areas SE3 and SE4. Within 12 months, the problematic power deficit situation in 13 communities in southern Sweden will be significantly improved as […]

With a growing portfolio of assets across the Nordics, Locus is strengthening its team with two new experienced Asset Managers. Frida Ljungek, Asset Manager Wind:Frida has a background from AFRY Energy Management Consulting and the Swedish Energy Agency supporting businesses and governments transition to more sustainable and resilient energy systems. Her expertise spans energy market analysis, […]

SEB Nordic Energy, through its portfolio company Locus Energy AB, is expanding its cluster of local wind power production in Västra Götaland through the acquisition of the plant Vara Kroken in Vara municipality, bidding area SE3. The seller is Lundby Vind. The acquisition of Vara Kroken aligns with Locus Energy’s investment strategy of building clusters […]

Locus Energy has acquired the Vatajankoski hydropower plant in Kankaanpää municipality, Finland. The seller is the municipal energy company Vatajankoski Oy. It is Locus Energy’s first acquisition of Finnish hydropower and the second transaction of sustainable assets in Finland in a short period of time.  The current plant dates from 1952 and Locus Energy is planning […]

Locus Energy AB, SEB Nordic Energy’s portfolio company, has acquired AB Borlänge Energi’s seven hydropower stations. With the acquisition, Locus Energy further strengthens its presence in Dalarna and complements the portfolio of already existing investments in both hydropower and wind power. “Borlänge Energi has made the assessment that a new owner with cutting-edge expertise in small-scale hydropower and […]

Locus Energy AB has acquired four hydropower stations in Västerdalälven and Ljusnan in the bidding areas SE3 and SE2. With the acquisition, Locus Energy further strengthens its presence in Dalarna and complements the portfolio of already existing investments in wind power and the partnership with DalaVind. The acquisition adds additional volume to Locus Energy’s holding […]

Locus Energy AB has acquired 100% of Mäkelänkangas hybrid wind & solar park outside Hamina Municipality in southern Finland. The portfolio consists of four operational wind turbines and 11 000 m2 of solar with a combined annual capacity of 17 GWh. The seller is Suomen Voima Oy, which is owned by a consortium of 16 […]