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VINGE ADVISES BERGVIK SKOG AB IN CONJUNCTION WITH A CO-OPERATION WITH VATTENFALL VINDKRAFT AB CONCERNING SVARTNÄS WIND FARM

November 27, 2014

Vinge has advised Bergvik Skog AB in conjunction with its execution of a co-operation agreement relating to Svartnäs wind farm with Vattenfall Vindkraft AB. The agreement entails that Vattenfall will take over the future project planning phase of the wind farm and Vattenfall has also been granted an exclusive right to acquire the project, which is based on a permit issued to Bergvik Skog AB in January 2014 to construct a total of 53 wind turbines at the Svartnäs wind farm. The investment in Svartnäs wind farm will be in the region of SEK 1-1.5 billion and the farm is estimated to become operational in 2017.

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