Financial close reached for Finnish onshore wind farms
European Energy A/S has achieved financial closure for its Finnish onshore wind farms “Haukineva” and “Jeppo” located in Finland.
HSH Nordbank provided a long-term financing of €22.1 million (US$24.1 million) to developer European Energy A/S for the wind farm projects, which are located in the municipalities of Uusikaarlepvy and Kurikka in Finland, and have a total nominal capacity of 13.8 MW.
Following the financial close of the project financing, “Haukineva” and “Jeppo” were acquired by a Luxembourg based infrastructure fund which advised by re:cap global investors from Switzerland.
International law firm Watson Farley & Williams (“WFW”) has advised HSH Nordbank on the financing of the wind farms. Lead Partner Thomas commented:
“We are delighted to have been able to assist our long-standing client HSH Nordbank on their seventh Finnish wind farm financing, which reflects our market leading role in cross border energy projects in the Nordic area”.
Country news
-
-
March 09, 2017
OX2 and Aquila Capital sign agreement for wind farm in Finland
Read more -
February 20, 2017
Infranode closes second investment round for infrastructure fund
Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.
Read more -
February 15, 2017
SUSI Partners AG acquires its third wind farm in Finland
The SUSI Renewable Energy Fund II, managed by SUSI Partners AG, has purchased the 10.35 MW wind farm Tetrituuli in Central Finland from wind power developer Ilmatar Windpower Plc.
Read more -
January 04, 2017
Nordic Investment Bank (NIB) provides loan for 170-MW bio heating plant in Finland
NIB has signed a 15-year loan with the Finnish utility Lahti Energia for the construction of the new bio fuelled heating plant Kymijärvi III.
Read more -
December 20, 2016
SUSI Energy Efficiency Fund and Greenled sign exclusive project financing partnership for €15 million of energy efficiency projects
SUSI Partners AG has announced that the SUSI Energy Efficiency Fund (SEEF) has signed a framework agreement with the Finnish smart lighting company Greenled Oy for financing of their energy efficiency lighting projects in Finland.
Read more
