OREANDA-NEWS. Fortum has acquired a 75-megawatt (MW) windfarm project from the Swedish wind power developer Arise AB (publ) group. The Solberg site is fully-permitted and construction-ready. It is located in Vasternorrland County in northern Sweden, where conditions are very favourable for wind power production.

Arise will deliver construction management services to the project. Construction is subject to Fortum's final investment decision. Fortum will not disclose the value of the arrangement.

The project is aligned with Fortum's newly announced strategy according to which the company targets significant growth in wind power. Growth is targeted both organically, in development projects such as this, and through acquisitions.