MET Green Assets Holding is taking a 25 per cent stake in SwissWinds Holding and its subsidiaries. The two partners will together establish wind farms in Switzerland.
“60 per cent of the electricity generated by wind power plants is produced in the winter months – exactly when Switzerland faces a risk of a gap in its electricity supply,” emphasised Martin Senn, founder of SwissWinds.
“We are delighted that with our stake in SwissWinds, we are getting active in our company’s home market for the first time and will make a targeted effort to use the wind potential in Switzerland,” explained Christian Hürlimann, Renewables CEO of MET Group.
SwissWinds has already constructed the highest wind farm in Europe on the Nufenen Pass, at 2,478 metres above sea level, which is located on the highest mountain pass with a paved road in Switzerland. Further projects, primarily located in the canton of Valais, will be developed or brought to a ready-to-build status in the coming years.