Lundin divests 50% interest in 132 MW Metsälamminkangas wind project in Vaala
Date
March 24, 2020
Type
M&A Transactions
Subtype
Transaction completed
Countries
Finland
Subsectors
Onshore Wind
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Lundin Petroleum AB has divested 50 percent of its Metsälamminkangas wind farm project, in Finland to Sval Energi AS (Sval), a portfolio company of HitecVision.
Sval has acquired the 50 percent ownership of the wind project for US$100 million, which includes acquisition cost and future capital expenditure.
