For Ellevio, the project is part of a business model that includes the development and ownership of networks for offshore wind power. The company has already partnered with OX2 and Ingka Investments on the Galene offshore wind farm in Sweden.

“Offshore wind power will take an increasingly larger place in the Swedish energy mix as we increase energy production, and Olof Skötkonung is a strong project we are eager to work on. Deep Wind Offshore, like us, has a long-term perspective on operations and ownership, which makes us a very good match,” said Kristofer Fröjd , Head of Strategy & Business Development at Ellevio.