Key milestones of our history
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2024
- Completed 100 MW BESS portfolio divestment in Sweden and Finland
- Additional funding raised from existing shareholders
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2023
- Geographical expansion through the acquisition of Nordic Wind in Norway
- Acceleration in the development of our multi-technology pipeline
- Doubling of our team size compared to 2021 figures
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2022
- Secured strategic funding from two leading pension funds
- Geographical expansion, adding activities in Finland, Denmark and the UK
- Acquisition of Havsnas and Riberget Wind Farms
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2021
- Moved into new office in Stockholm and grew the Swedish team
- Completed the construction of Fjällboheden wind farm
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2020
- Acquired majority stake in the Tormoseröd Wind Farm from ALPIQ
- Shareholder restructuring, introduction of Arkin Holdings family office
- Sold the Seskarö wind farm to Innovent
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2019
- In partnership with Abraxas Capital Management, acquired permit to build the Fjällboheden wind farm from ENGIE
- Started construction of Fjällboheden
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2018
- Established Fu-Gen Energi AB as a Swedish subsidiary focused on development of greenfield projects
- Started developing our own greenfield wind portfolio
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2017
- Fu-Gen AG founded in Switzerland
- Market scouting, settling on Sweden as the primary market, with a long-term European focus