Finnish company Tuulivoimayhtiö Pohjoistuuli Oy sells Soidinmäki Wind Park and Tyrinselkä Wind Park into the portfolio of the leading German investment company Aquila Capital. The sold wind parks located in Finland comprise in total installed capacity of 70 MW and a total value of 120 mil. Eur.
The wind parks in Soidinmäki and Tyrinselkäare contribute to the increased use of renewables as an answer to climate change challenges, as well as to the necessity to redraw the energy source map of the European Union. “Both wind parks were developed not only with an emphasis on optimal operational and economic parameters but also to contribute to the increasingly important role of local sources of renewable energy for local communities,” adds Andrej Srsen, co-founder of Tuulivoimayhtiö Pohjoistuuli Oy. Wind park Tyrinselkä sells part of its production to a local electric utility under a power purchase agreement.
Tuulivoimayhtiö Pohjoistuuli Oy has operated Tyrinselkä and Soidinmäki wind parks through their entire life cycle, from preparation, through the permit, to the actual construction and the securing of bank financing for construction and the power purchase agreement as well as the day-to-day operating of the wind parks. In the sales process, the company was assisted by Newsec Infra AB. Following the agreement of the transaction partners, Tuulivoimayhtiö Pohjoistuuli Oy will also continue to ensure the operation of both wind parks for Aquila Capital. “Such continuous cooperation gives us room to look for other possibilities for cooperation in the future within our pipeline of solar, wind, and power-to-X projects that we are currently developing,” adds A. Srsen.
Finnish Tuulivoimayhtiö Pohjoistuuli Oy is owned by the Central European group Janom, which since its foundation in 2008 has been one of the pioneers in the field of climate technology investments in the CEE region. As part of its portfolio, it has built and operates several solar and hydropower plants in the
Czech Republic and Slovakia. janom is also one of the founding investors in Greenway, which is the largest operator of charging networks for electric cars in Poland and Slovakia. Its assets include, among other investments, a stake in the British company Wattstor, which specializes in optimizing energy management and the use of battery storage.
Aquila Capital is part of Aquila Group, an investment and asset development company headquartered in Hamburg, Germany specializing in generating and managing essential assets on behalf of its clients. With investments in real assets in the segments of clean energy and sustainable infrastructure, the Group has a strong focus on sustainability. Currently, Aquila Group and its business units manage around EUR 15 billion on behalf of institutional investors worldwide.
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