Wind Power Norway/Sweden

Organisation chart for Wind Power Norway/Sweden:

VARDAR AS
100%
Vardar Boreas AS
100% 50% 26.9% 25%
Vardar Vind AB Kvalheim Kraft DA Haram Kraft AS Zephyr AS


Vardar Vind AB
Through the subsidiary Vardar Vind AB, Vardar has a wind power portfolio in Southern Sweden consisting of two operating wind farms with a total installed capacity of 7 MW and an annual production of approximately 17 GWh. These farms are Kiaby in the Municipality of Kristianstad and Kristinetorp in the Municipality of Eslöv. In the summer of 2014, the company decided to develop the Rögle wind power plant in the Municipality of Helsingborg. The wind farm will be developed with eight turbines with an installed capacity of 2.85 MW, or a total of 23 MW. Construction of the wind farm started in September 2014, while the installation of the wind turbines will take place in the summer of 2015.
More information on the Rögle Wind Farm.

Midtfjellet Vindkraft AS
Midtfjellet Wind Power Plant is located in the Municipality of Fitjar in Hordaland. Phase 1 of the project was built with investment aid from Enova and completed in the summer of 2013. Phase 2 of the project was completed in December 2013 and was the first major wind power plant in Norway to receive revenue from the Norwegian/Swedish green electricity certificate market. The plant's installed capacity is 110 MW, with an expected annual production of approximately 350 GWh, which corresponds to the consumption of 17,500 households.
More information is available at: www.midtfjellet.no

Kvalheim Kraft AS
At Mehuken in the Municipality of Vågsøy in Sogn og Fjordane, Kvalheim Kraft has generated wind power since 2001. Mehuken II, which consists of 8 turbines with a total output of 18.4 MW, was completed in the autumn of 2010. In the summer of 2014, the five wind turbines at Mehuken I were dismantled in order to be replaced by 3 larger wind turbines. The construction of Mehuken III is ongoing, and is scheduled for completion in the summer of 2015. All together, a total of approximately 75 GWh will be generated when Mehuken III is completed. More information on Kvalheim Kraft is available on the company's website: www.kvalheimkraft.no/english

Zephyr AS
Zephyr was formed in 2006 to develop, build and operate wind power production in Norway. By the end of 2014, Zephyr had received two licences from the Ministry of Petroleum and Energy (MPE) for a total of 280 MW. In addition, the company has four licences from the Norwegian Water Resources and Energy Directorate (NVE) totalling 390 MW, which are under appeal at the Ministry of Petroleum and Energy (MPE).  In December 2014, Vardar increased its stake in the company when DONG Energy sold its shares to the other owners. More information on Zephyr and the company's project portfolio is available on the company's website: www.zephyr.no/english

Haram Kraft AS
In the autumn of 2009, Haram Kraft AS received licensing approval from the Ministry of Petroleum and Energy (MPE) for its plans for a wind power plant at Haramsøy in the Municipality of Haram in Møre og Romsdal. The company is working on plans for the development of a wind farm with a capacity of up to 33 MW.
The licence documents can be found on the website of the Norwegian Water Resources and Energy Directorate (NVE).

Sula Kraft AS
Sula Kraft has decided to withdraw its licence application for the Ytre Sula Wind Power Plant from further consideration.