MEAG is financing the 750 MW Önusberget onshore wind farm, currently under construction, in Northern Sweden. The project is owned by renewable energy funds advised by the asset manager Luxcara.
Luxcara and MEAG have jointly advised the financing of the Önusberget wind farm, which is considered to be the world’s largest onshore wind project bond subscribed by institutional investors. The mid-three-digit million bond amount was secured from a group of 17 institutional investors, including the MEAG Infrastructure Debt Funds managed by MEAG and other European insurance groups and pension funds. Equity is provided by renewable energy funds, advised by Luxcara. Deutsche Bank and Intertrust provide agency services for the project.
The proceeds of this landmark transaction will be used to fund the ongoing construction and operation of the 750 MW wind farm. Located in Norrbotten county, the facility is capable of producing power for over 200,000 Swedish homes.
Country updates
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December 08, 2021
wpd commissions Nordex to supply turbines for 47 MW Stöllsäterberget wind farm
German renewable energy developer wpd has contracted Nordex Group to supply turbines for the development of a 48 MW wind farm project in Sweden. Nordex will be supplying eight N163/5....
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November 26, 2021
OX2 acquires rights to 70 MW Riberget wind power project in Ljusdal
OX2 has agreed to acquire from RWE Renewables Sweden the rights to build the Riberget wind farm in the municipality of Ljusdal, Gävleborgs County, Sweden. Under the agreement, OX2 will acquire 1...
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November 09, 2021
OX2 acquire rights to build the 150 MW Klevberget wind project in Ånge
OX2 has agreed to acquire from Vattenfall the rights to build the Klevberget wind farm in the municipality of Ånge, Västernorrland County, Sweden. Under the agreement, OX2 will acquire 100...
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November 05, 2021
EQT Infrastructure V secures EUR15.7bn hard cap final close
EQT has secured the final close of its EQT Infrastructure V fund at EUR15.7 billion (US$14.9 billion) in fee-generating assets under management. The fundraising, led by EQT's in-house Capital Raising...
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October 26, 2021
Commerz Real cancels deal for sale of 68 MW wind projects in Eolus
Commerz Real has terminated the share purchase agreement with Eolus Vind AB for the 68 MW portfolio of three wind farms in Sweden. The agreement was canceled after the conditions for the transa...
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