Canadian investors Greystone Infrastructure Strategy has taken an equity interest in Swedish wind farm developer Rabbalshede Kraft.
Rabbalshede Kraft owns and operates 71 wind turbines across eight wind farms and manages a total of 334MW across 139 turbines.
“This latest investment enhances the geographic diversification of the Greystone Infrastructure Strategy with a unique opportunity in the Nordic renewable market and complements our existing investments in the US and Ireland,” the investor said.
Greystone executive director and head of infrastructure investments Jeff Mouland said: “This investment further strengthens our presence in the European market as we continue to pursue quality, mid-market assets that can provide our clients with long-term cash yield and capital appreciation.”
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