- Complete acquisition of the first two PV projects from a 5-part development portfolio
- Wing Fields and Gas Light have reached construction maturity: Planned rated output of approx. 90 MWp
News ReleasesCommerz Real implements solar projects in Sweden
Time to read3 min.
updated at04/23/2024
CategoryNews Releases
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Commerz Real AG has acquired two ready-to-build solar parks in Sweden for its klimaVest fund: Wing Fields and Gas Light. The planned total capacity of the two plants in southern Sweden is around 90 megawatt-peak (MWp).
At the end of 2022, Commerz Real had secured the rights to purchase a total of five solar projects with over 270 MWp. With Wing Fields and Gas Light, the first two projects from this series have now reached construction maturity and have been fully acquired for klimaVest.
We identified Sweden early on as an attractive location for portfolio diversification. Linked primarily to wind and hydro power, Sweden also offers attractive conditions for photovoltaics, especially the sunny south of the country.
Timo Werner
klimaVest fund manager since the first hour in 2020
In addition to Sweden, klimaVest is invested in solar and wind farms in Germany, Finland, France and Spain.
The developer and seller of the two projects is Swedish Helios Nordic Energy. The local business partner will continue to be involved, initially taking over construction management and, after commissioning of the plants, technical and commercial operations management. The Wing Fields project has a planned rated output of 49.4 MWp. It is located in the province of Södermanland, about 100 kilometres south of Stockholm. The Gas Light project is located near Gothenburg and has a planned rated capacity of 39.2 MWp.
The two projects continue the successful collaboration with Helios. Last year, the Kings Roar solar power plant in Sweden was already successfully in operation with a rated output of around 22 MWp. Kings Roar had acquired Commerz Real for another fund.
About Commerz Real
Commerz Real AG is the asset manager of the Commerzbank Group and has 50 years of international market experience. The company combines extensive know-how in asset management with broad structuring expertise and uses this expertise to develop tangible asset-oriented fund products and individual investment solutions in the real estate and infrastructure sectors. As a leasing service provider of Commerzbank, Commerz Real Mobilienleasing also offers needs-based leasing concepts.
Since 2025, the Commerzbank Group’s asset management holdings have been bundled with Commerz Real AG. In addition to Commerz Real’s brands and products, these include the Aquila Capital investment company with a focus on sustainable tangible asset investments in the area of energy infrastructure and Yellowfin as a boutique for liquid investment strategies. Under the umbrella of Commerz Real AG, a total of around 1,000 employees manage assets of around EUR 55 billion at around 20 locations.
Media contact
Focus on renewable energies
Maurice Farrouh
+49 611 7105 4405maurice.farrouh@commerzreal.com