Main renewable vitality consultancy and repair supplier, Pure Energy, has acted as technical advisor to the Finnish renewable vitality developer, Taaleri Energia, in a deal that sees funds managed by Taaleri Group divest a part of their wind farm funding portfolio by promoting their shares within the Nyby and Myllykangas wind farms to a consortium of Korean institutional traders.
Hannah Staab, Principal Advisor at Pure Energy, stated: “The transaction concludes a busy 12 months for Pure Energy within the Nordic market, throughout which we offered due diligence providers on greater than 2.6 GW of wind vitality initiatives.”
The wind farms, Nyby (eight generators), Myllykangas I (19 generators) and Myllykangas II (three generators), are co-located some 55 km north of town of Oulu and have a mixed manufacturing capability of 73.2 MW.
The wind farms have been absolutely operational since 2015/2016 and collectively produce sufficient electrical energy to produce round 28,000 households and offset roughly 70,000 tonnes of CO2 a 12 months.
Taaleri Energia will proceed to handle the investments beneath a managed account settlement and also will proceed because the technical and business supervisor of the wind farms beneath the brand new homeowners.
The Korean traders, led by Hana Monetary Investments and Korea Funding & Securities, are offering each the debt and fairness for this transaction, investing by way of funds managed by NH Amundi and IBK Asset Administration.
Pure Energy’s world due diligence workforce supplies providers all through all levels of the transaction cycle, from preliminary danger evaluation and reporting in early transaction levels via to complete reporting for credit-committee or information room presentation at ultimate bid stage or monetary shut. Discover out extra right here https://www.naturalpower.com/our-services/due-diligence/
About Taaleri Energia
Taaleri Energia is a Helsinki-based renewable fund supervisor and developer and has one of many largest devoted wind and photo voltaic funding groups in Europe. It at present manages a 1.6 GW worldwide portfolio of wind and photo voltaic belongings and can be the biggest personal fairness owner-operator within the Finnish wind market, with 129 generators producing greater than 1% of all of the nation’s electrical energy. Taaleri Energia is a part of the Taaleri Group. www.taalerienergia.com
About Pure Energy
Pure Energy is an unbiased consultancy and repair supplier that helps a world consumer base within the efficient supply of a variety of renewable initiatives together with onshore wind, photo voltaic, renewable warmth, vitality storage and offshore applied sciences. It has a world attain, using greater than 400 workers throughout 11 worldwide workplaces. Its expertise extends throughout all phases of the mission lifecycle from preliminary feasibility, via development to operations and all through all levels of the transaction cycle.
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