A fund managed by Mirova has acquired a 49% stake in RP Global’s 77.9MW Croatian wind portfolio.
The portfolio consists of two projects that were commissioned in July 2014 and January 2016.
The deal is RP Global’s third transaction with Mirova, which is Natixis Asset Management’s responsible investment affiliate.
It follows a €15m bond issuance to fund French wind farms in April 2015 and subordinated debt investments in a pan-European portfolio of wind and hydro projects signed in December 2015.
RP Global chief financial officer Jorge Rodriguez said: “This closing enables further growth within RP Global and strengthens our relationship with Mirova.”
Image: RP Global
