The development of the first two solar parks under the framework agreement is already underway and comprises 80 MW each. Östra Eneby outside Norrköping is the most progressed of the two parks and is located in an area with excellent conditions for solar power, access to electricity grid and where there is strong support from local residents. It is estimated that the solar park could be completed by the end of 2024. The goal is to start the development of additional solar parks under the framework agreement over the next two years.
Niam is one of Northern Europe's leading real asset fund managers and launched its first infrastructure fund in 2021. Through the collaboration with Solkompaniet, Niam intends to finance both development and construction of the solar parks.