Markbygden Ett AB is developing an onshore wind park located west of Piteå, in the northern of Sweden, and is owned by GE Energy Financial Services and Green Investment Group Limited, part of Macquarie Group Limited.

The wind park is a part of the larger Markbygden wind farm project developed by Svevind which is planned to have 1101 wind turbines and produce around 10 TWh annually when finalized.

The contract will contribute to supplying power to Hydro's aluminium plants after the existing long-term power contract with Norwegian state utility Statkraft expires in 2020.