CapMan Infra completes investment in 235 MW wind project in Sweden

CapMan Infra has completed its second investment on behalf of NH Investment & Securities Co., Ltd. and NH-Amundi Asset Management Co., Ltd. The investment is a managed account solution into Överturingen Wind Farm, a large onshore wind farm in Southern Norrland in Sweden. 

Under the managed account, CapMan Infra will manage NHIS and NH-Amundi’s acquisition of a 50% stake in the wind farm under development. Once completed, the wind farm has a capacity of 235 MW with an ability to produce green electricity for up to 265,000 apartments or 40,000 stand-alone houses annually. Construction on the wind farm has started and the park is expected to be fully operational by the end of 2019. CapMan Infra will manage the asset and the investment will generate long-term management fee for CapMan during the investment period.

Scala Fund Advisory acted as placement agent and Newsec as financial advisor in the completion of the managed account investment.