Published: 8/12/2026 10:24:02 AM

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Finwire about Suntrade Group AB: Suntrade secures financing for the Rosersberg project (update)

(update: completion schedule)Suntrade states in a press release that China Gas has contributed SEK 6 million to the project company Gridtrade 2 for the Rosersberg project. A further SEK 4.4 million has been secured for continued implementation.The battery systems from Linyang have been completed and are expected to leave China shortly. The substation from Norrmontage has been ordered, and the EPC works are planned to start on site toward the end of September.Suntrade owns 20 percent of Gridtrade 2 and estimates that the stake could generate approximately SEK 800,000 per year for around 20 years once the project is fully operational.Suntrade CEO Daniel Hedström tells Finwire that the Rosersberg project is expected to be fully completed during the first quarter of 2027 and begin generating revenue during the second quarter of the same year.

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