Investment plan 2024–2025

Vattenfall has decided on an investment plan for 2024–2025 of net SEK 65 billion. The investment plan excludes investments in Heat Berlin, which is to be divested to the State of Berlin during 2024.

Gross investments amount to SEK 77 billion and the difference is due to partnerships for e.g. Nordlicht I wind power project, as well as assumption of income from the divestment of certain onshore solar and wind power projects developed for sale, such as Windplan Blauw. The amounts stated below refer to net investments.

Growth investments total SEK 41 billion with the largest share, SEK 18 billion corresponding to 45%, planned to be invested in new wind power. Vattenfall will also invest in the expansion of the electricity grid and district heating system. Other growth investments include charging infrastructure, solar and battery projects as well as heating and energy solutions.

Major investment projects – decided on and in progress¹

^{1 All numbers in the table reflect the status as per 31 December 2023.
2 The project is EU taxonomy eligible and aligned.}