Aquila Capital invests in two Finnish wind projects with 53 MW capacity
The alternative investment specialist Aquila Capital is expanding its position in the Finnish wind energy market by acquiring two operational onshore wind projects north of the port city Oulu in Northern Finland from the leading Finnish IPP TuuliWatti. The two wind parks have a capacity of 34.5 MW and 18.5 MW respectively. The average annual production is expected to be about 99 GWh and 47 GWh.
The two wind parks were developed, built and managed by TuuliWatti. Both projects are operational since 2012 and 2015 respectively and are featured with solid Vestas turbines V112 and V126.
Country updates
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August 15, 2019
Aquila European Renewables to acquire 34.5 MW li Olhava wind farm in Finland
Aquila European Renewables Income Fund (AERIF) has secured the exclusive right to acquire a 34.55 MW Finnish wind farm. The fund has entered into a short-term financing agreement, which enables it to...
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August 13, 2019
Taaleri SolarWind II fund invests in a 91 MW wind farm in Finland
Taaleri SolarWind II fund has, together with fund co-investors, acquired 100% of the equity of the Oltava wind farm. The Oltava wind farm is located in the municipality of Pyhäjoki in north-weste...
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July 31, 2019
Taaleri SolarWind II Fund reaches first close
Taaleri Energia Funds Management has held the first closing of its SolarWind II fund with total commitments of about EUR220 million (US$247 million). The first close investors include the European In...
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July 30, 2019
ABB to divest solar inverter business
ABB and the Italian company FIMER S.p.A announced that they have signed an agreement for FIMER to acquire ABB’s solar inverter business. ABB’s solar inverter business has approximately 80...
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July 22, 2019
Vestas secures contract to supply turbines for 21 MW Viinamäki wind project in Finland
Vestas and long-term customer TuuliWatti Oy have agreed to partner on the 21 MW Viinamäki project in Finland that will feature the first order for the V150-4.2 MW turbines and a unique R&D co...
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