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Home » Uncategorized » Natural Power muscle supports Finnish wind sale
Onshore Wind

Natural Power muscle supports Finnish wind sale

Robin LancasterBy Robin LancasterJanuary 13, 20201 Min Read
Finns free three wind farms to Koreans

Natural Power was technical advisor to Finnish renewable energy developer Taaleri Energia on the sale of three wind farms in Finland with a combined capacity over 73MW.

The 73.2MW projects are the eight-turbine Nyby, 19-unit Myllykangas 1 and three-machine Myllykangas 2.

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The Korean investors, led by Hana Financial Investments and Korea Investment & Securities, provided both debt and equity for the deal, investing via funds managed by NH Amundi and IBK Asset Management.

The wind farms are located some 55km north of the city of Oulu and have been fully operational since 2015 and 2016.

Natural Power principal advisor Hannah Staab said: “The transaction concluded a busy year for Natural Power in the Nordic market, during which we provided due diligence services on more than 2.6GW of wind energy projects.”

Taaleri Energia will continue to manage the projects under a managed account agreement and will also continue as the technical and commercial manager for the new owners.

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Previous ArticleClean power investment ‘needs to hit $750bn’
Next Article Parkwind notches first power at Northwester 2

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