Google has announced that it has signed agreements to purchase renewable energy from three new wind farms in Finland totaling 190 MW. The wind farms are being developed by CPC, Neoen, and WPD.
Energy Finance & Investment News in Finland
E.ON SE has successfully completed the sale of its 46.65 percent stake in Uniper SE to Fortum Corporation.
Fortum has signed an agreement to purchase the entire annual wind power production from Taaleri’s portfolio in Finland. The total installed capacity of the portfolio is 312 MW, and its annual output is approximately 1 TWh, which represents around 1.5% of Finnish electricity production in 2017.
Allianz Capital Partners (ACP), Macquarie Infrastructure and Real Assets (MIRA) and Valtion Eläkerahasto (VER) have signed an agreement to acquire Elenia Oy, Finland’s second largest power distribution system operator and Elenia Lämpö Oy, Finland’s ninth largest district heating network.
HSH Nordbank is providing ABO Wind AG with long-term loans totaling approximately €160 million for the financing of two wind parks in Finland and a project in Ireland.
European Energy A/S has achieved financial closure for its Finnish onshore wind farms “Haukineva” and “Jeppo” located in the municipalities of Uusikaarlepvy and Kurikka in Finland.
HSH Nordbank, a German financial services provider, has announced it will finance part of the construction of a 37.9 MW PV plant in Vandel/Billund, in the Danish southern province of Jütland.
Infranode has announced the closing of its second investment round. The Infranode I investment platform raises SEK1.9 billion (US$213 million) dedicated to essential infrastructure investments in the Nordics.
The SUSI Renewable Energy Fund II, managed by SUSI Partners AG, has purchased the 10.35 MW wind farm Tetrituuli in Central Finland from wind power developer Ilmatar Windpower Plc.
NIB has signed a 15-year loan with the Finnish utility Lahti Energia for the construction of the new bio fuelled heating plant Kymijärvi III.
SUSI Energy Efficiency Fund and Greenled sign exclusive project financing partnership for €15 million of energy efficiency projects
SUSI Partners AG has announced that the SUSI Energy Efficiency Fund (SEEF) has signed a framework agreement with the Finnish smart lighting company Greenled Oy for financing of their energy efficiency lighting projects in Finland.
The SUSI Renewable Energy Fund II has acquired the 21 MW wind farm Kopsa I near the City of Oulu in Central Finland from wind power company Puhuri Oy.
Impax Asset Management, the London-based specialist investor, has announced that its private equity infrastructure fund has completed the sale of its 107.7MW wind farm portfolio in Finland, to Allianz Capital Partners, the Allianz investment manager for alternative investments.
Eurus Energy Holdings Corporation, a Japanese renewable energy company, has announced the successful completion of the acquisition of two wind farms in Finland from a joint venture of Maas Capital Renewables, a dedicated investor in renewable energy, 100% owned by ABN AMRO Bank N.V., and YARD ENERGY, a Dutch based developer of wind energy projects.
The SUSI Renewable Energy Fund II (SUSI RE II) has reached final closing at €380 million (US$425.5 million).
Fortum has finalized the acquisition of Ekokem Corporation with the four biggest owners, representing approximately 81% of the shares for approximately €470 million (US$522.7 million).
European Commission has allocated €187.5 million (US$211.45 million) for the construction of the Balticconnector, the first Estonia-Finland gas pipeline.
Fortum Corporation has signed a €1,750 million (US$1,984 million) syndicated Multicurrency Revolving Facility Agreement.
The EIB has signed a loan agreement worth €75 million with regional energy utility company Lahti Energia in central Finland for the deployment of a biomass-fired CHP plant.