Accelerating Wind Energy Production For A Greener Future
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Nordic Wind
We are on a mission to decarbonise and drive the renewable energy transition to secure a better world for future generations. Nordic Wind aims to establish a development portfolio of 1.5 GW in the next 3 years.
Nordic Wind, owned by Fu-Gen, is supported by institutional investors with a combined €100+bn of assets under management.
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About us
Nordic Wind is a Fu-Gen company leveraging extensive expertise in developing, constructing, and optimizing renewable energy assets and technologies to pursue its mission of empowering future generations.
As an independent energy producer and long-term owner of renewable energy assets in the Nordics, Fu-Gen entrusts and enables the Nordic Wind team to work in the best interests of the local environment.
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Our Stages of Development
1. Screening/preliminary study (1 to 2 years)
An area search or screening is about carrying out an overall survey of areas to see if they are suitable for wind power construction.
The following are carried out in this phase:
- Screening of large land areas.
- Search for suitable locations with good wind resources.
- Consider housing, infrastructure, and other industries.
- Consider nature and cultural values.
- Feasibility study.
- Contact landowners, municipalities, counties, NVE, armed forces, airports, and telecom operators.
2. Licensing and planning process (3 to 5 years)
To be able to build a wind power plant in Norway, several permits are required.
The following are carried out in this phase:
- The permit process with central authorities and municipalities.
- Surveys at different times of the year over several subsequent years.
- Communication with authorities and stakeholders.
- Feedback from those affected.
- Impact assessment based on requirements in legislation, consultation statements, and authority’s requirements.
- Decision on permits (zoning plan and building concession).
- The decision can be appealed.
3. Construction and operation (30 to 35 years)
Construction can commence when the area zoning plan and construction license are approved and any complaints have been resolved.
The following are carried out in this phase:
- Once all complaints have been managed and the detailed plan has been approved, the construction work can commence.
- The choice of equipment is determined.
- A more detailed plan is created.
- Building technical investigations are carried out.
- Regular and comprehensive checks are carried out to meet requirements.
- Everything is documented and followed up.
- Authority checks to make sure requirements are adhered to.
4. Liquidation (1 to 2 years)
When the wind turbine’s service life comes to an end, planning for decommissioning begins.
The following are carried out in this phase:
- Following the permit period, the equipment is dismantled.
- The metal tower is recycled.
- Research is still ongoing concerning how to recycle the blades as they are made of composite materials.
- The area is restored in line with the requirements set.
- At the beginning of the construction, funds are set aside for decommissioning the wind plant.
- The amount of money is refunded to the company after approved recovery.
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Onshore wind power
We are dedicated to cost-effective renewable energy production, aligned with the EU’s 2050 climate goals. Onshore wind power is a mature, efficient technology, often the most economical choice for new power generation.
We are expanding our wind portfolio, targeting a 1.5 GW development portfolio by 2026.
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Meet Our Team
Terje Dyrstad
CEO,
Nordic Wind AS
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Øyvind Nes
Senior Project
Manager
Øyvind joined Nordic Wind in 2023 and is responsible for Nordic Wind’s Office in Mosjøen. He has over 30 years of extensive experience in the power industry and business development. His work experience spans from major power companies throughout Norway, and co-founding several companies involved in hydropower development and financial management in the power market. Øyvind has experience as an investor in power development in Norway and Turkey, as well as holding various board positions in Nordic companies within the power industry. He holds qualifications in both electrical and data engineering from Trondheim Engineering College and the University of Agder.
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Jennie Hallgren
Project Development
Director
Jennie joined Fu-Gen in January 2022 and is responsible for all of our project development activities. Jennie brings over fifteen years of experience in the wind industry with a focus on wind development and consulting. Most recently she worked as Head of Project Development at Arise, a leading Swedish wind power developer. She started her career as a wind research engineer at the turbine manufacturer Vestas before building her career in wind power consultancy.
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Linda Mellin
Business Development
Director
Linda joined Fu-Gen in 2021, with a focus on the growth and development of our business. She brings over a decade of experience from across the international energy industry, initially gaining broad experience as a management consultant before focusing solely on wind power. Linda has held various positions within Vattenfall’s (Swedish Utility) wind business, from project development and M&A, through to Head of Asset Management Onshore. Linda holds a Master’s degree in Industrial Engineering and Management from Chalmers University of Technology in Gothenburg.
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Jack White
Acting Head,
Land Origination
Jack joined us in 2020 and manages various projects across our business and asset portfolio. Prior to Fu-Gen, Jack gained experience across the international energy industry by providing technical advisory services to due diligence and project finance processes on major energy infrastructure assets, as well as through working at a start-up focused on optimising the performance of operational wind turbines. Jack holds an MBA from Imperial College London as well as a Master’s degree in Mechanical Engineering, specialised in Sustainable Energy Systems, from the University of Southampton.
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Ola Ylikiiskilä
Project
Manager
Ola joined Fu-Gen in 2022 as a Project Manager in our Development team, focusing on environmental permitting and management. He brings significant specialised experience from permitting activities across the Swedish renewable energy sector. Ola holds a Bachelor’s degree in Biology and Molecular Biology from the University of Uppsala.
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Let’s Talk
If you have a question or are interested in learning more about Nordic Wind, please contact us below