MET Green Assets Holding has secured a significant 25% stake in SwissWinds Holding and its associated subsidiaries. This strategic collaboration sets the stage for the joint development of wind farms in the picturesque landscapes of Switzerland, marking a pivotal moment in the nation's renewable energy journey.
SwissWinds has already made waves in the industry by accomplishing a remarkable feat – the construction of the highest wind farm in Europe. Nestled atop the Nufenen Pass, this wind farm sits at a breathtaking altitude of 2,478 meters above sea level. Notably, it graces the highest mountain pass in Switzerland that boasts a paved road, showcasing the nation's commitment to harnessing clean energy at even the most challenging altitudes.
The partnership between MET Green Assets Holding and SwissWinds is set to pave the way for additional wind farm projects, primarily concentrated in the canton of Valais. These projects will be developed or expedited to a ready-to-build status in the coming years, propelling Switzerland further towards its renewable energy aspirations.
Martin Senn, the visionary founder of SwissWinds, emphasized the importance of wind energy, particularly during the winter months when it supplies 60% of the country's electricity. This comes at a critical juncture when Switzerland faces the risk of an electricity supply gap, highlighting the significance of sustainable energy solutions.
MET Green Assets Holding AG, headquartered in Baar, Switzerland, stands as MET Group's rapidly expanding renewable energy arm. The unit is passionately investing in renewable energy ventures throughout Europe, with a specific focus on onshore wind farms and solar installations.
Christian Hürlimann, the renewables chief executive of MET Group, expressed his enthusiasm about the partnership, marking the company's entry into its home market. He affirmed their commitment to harnessing the wind potential in Switzerland, underscoring the collective effort to create a greener and more sustainable energy landscape in the country.