The project in the Malå Municipality of Västerbotten County was developed by Nordisk Vindkraft, a subsidiary of Renewable Energy Systems,

Nordisk Vindkraft will also build the wind farm using 22 Vestas V-90 2MW turbines.

HgCapital provided the equity for the project from its managed funds, and arranged 17-year project financing underwritten by Commerzbank.

Ytterberg is the second project in Sweden on which NV Nordisk Vindkraft, HgCapital, Vestas and Commerzbank have cooperated.