Sweden

Sweden

British firm Windforce makes quiet exit

Windforce Energy Development, a British firm founded in 2001 by eight businessmen including ex Royal Dutch Shell and Enron managers, has quietly been reduced to Windforce Svenska, a small Swedish project development company. Two years ago, Windforce announced ambitious plans to become "one of the top wind developers within five years." Its London office is now closed and development plans in Greece are shelved "to concentrate on the Baltic states," says sole survivor Matthias Rapp, who has moved to his native Sweden. Windforce Svenska is owned by a Jersey-based company, Renewable Energy Investment, and has a branch office in Latvia.

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