2.5 GW Mareld Floating Offshore Wind farm in Sweden receives positive recommendation from County Board

12 Jun 2024 15:10 CEST

Mainstream Renewable Power ("Mainstream"), the pureplay global wind and solar
company majority-owned by Aker Horizons ASA, announced that The County
Administrative Board of Västra Götaland has proposed that the Government approve
Freja Offshore's application to build the Mareld floating offshore wind farm,
subject to certain adaptations.

Freja Offshore is a 50-50 joint venture between Mainstream Renewable Power and
Swedish company Hexicon. Freja Offshore welcomes the announcement, which is a
crucial step in delivering the wind farm into commercial operation.

Freja Offshore applied to build the 2.5 GW Mareld offshore wind farm, about 40
kilometers west of Lysekil. When fully developed, Mareld is expected to deliver
12 TeraWatt hours of electricity annually.  This additional electricity
production is long-awaited throughout western Sweden, whose electricity demand
is expected to double by 2030 as a result of industry's upcoming transition to
electric power.

The Government had tasked the County Administrative Board of Västra Götaland
with preparing the application to build Mareld, and today the County
Administrative Board has returned with the recommendation that the wind farm
should be approved subject to certain adaptations.

During the preparation process the County Administrative Board made a
recommendation for Freja to adjust the wind farm area size which has been agreed
to, ensuring a sustainable co-existence with other important ocean users, such
as commercial fishing and shipping.

Now the government will make its final decision on the application.

Carl Dandanell, CEO Freja Offshore, said: "The Mareld project has adjusted the
wind farm to be able to coexist with other important societal interests and we
are ready to continue to adapt to ensure that the whole is as good as
possible. The entire team now look forward to the Government issuing their final
decision so the project can move forward without delay."

In 2023, Freja submitted permit applications for its 2.5 GW Dyning floating
offshore wind farm on Sweden's east coast and its 2 GW Cirrus fixed-bottom
offshore wind farm in the southern Sweden.

Niamh McGrath
Communications Manager
Mainstream
Mobile: +353 87 641 6831
Email: Niamh.mcgrath@Mainstreamrp.com

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