The Swedish Government has today decided to reject applications for Eolus’s offshore wind projects Västvind and Najaderna.
“We regret the Government’s decisions. We will now carefully analyze the decisions and their consequences.” says Per Witalisson, CEO of Eolus.
“Västvind has uniquely strong support in West Sweden, with Gothenburg Harbour as co-owner and a Letter of Intent signed with Volvo Cars for the purchase of a susbstantial share of the electricity that would be produced. These are proofs of the significance of the project for the region’s growth and we are naturally very disappointed that the Government has not taken this into consideration.” adds Per Witalisson.
As of 30 June 2026, capitalized costs for Västvind recorded on Eolus’s balance sheet amounted to approximately SEK 48 million in total. For Najaderna and other offshore wind projects, capitalized costs amounted to zero.