Leading renewable energy consultancy and repair supplier, Natural Power, has acted as technical advisor to the Finnish renewable energy 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 buyers.
Hannah Staab, Principal Advisor at Natural Power, mentioned: “The transaction concludes a busy year for Natural Power in the Nordic market, during which we provided due diligence services on more than 2.6 GW of wind energy projects.”
The wind farms, Nyby (eight generators), Myllykangas I (19 generators) and Myllykangas II (three generators), are co-located some 55 km north of the 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 yr.
Taaleri Energia will proceed to handle the investments underneath a managed account settlement and also will proceed because the technical and industrial supervisor of the wind farms underneath the brand new house owners.
The Korean buyers, led by Hana Financial Investments and Korea Investment & Securities, are offering each the debt and fairness for this transaction, investing by way of funds managed by NH Amundi and IBK Asset Management.
Natural Power’s international due diligence staff supplies companies all through all phases of the transaction cycle, from preliminary danger evaluation and reporting in early transaction phases by way of to complete reporting for credit-committee or information room presentation at last bid stage or monetary shut. Find 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 solar funding groups in Europe. It at the moment manages a 1.6 GW worldwide portfolio of wind and solar property and can also be the most important 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 Natural Power
Natural Power is an impartial consultancy and repair supplier that helps a worldwide shopper base within the efficient supply of a variety of renewable tasks together with onshore wind, solar, renewable warmth, energy storage and offshore applied sciences. It has a worldwide attain, using greater than 400 workers throughout 11 worldwide workplaces. Its expertise extends throughout all phases of the project lifecycle from preliminary feasibility, by way of development to operations and all through all phases of the transaction cycle.
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