Eolus has signed an agreement with Aquila Capital regarding the sale of the wind farms Kråktorpet and Nylandsbergen, which collectively comprise 61 wind turbines with a combined installed capacity of 232 MW. The wind farms are located in Sundsvall, in the north-east of Sweden.
Energy Finance & Investment News in Sweden
OX2 has announced that the financing of Valhalla project comprising 85 wind turbines has been successfully completed. Aquila Capital will acquire the project which OX2 will deliver as an EPC contract. It will be one of the largest onshore wind farms in Europe.
The Marguerite Fund has raised €29.25 million (US$34.54 million) of 15-year non-recourse debt from German bank Norddeutsche Landesbank (NORD/LB) for the construction of its all-equity acquisition of the 46.8MW Grimsås onshore wind project in Sweden. It acquired the project from Element Power and Kraftö Vind on June 15, 2017.
Infranode has achieved final closing on its first fund reaching SEK4.45 billion (US$524.68 million) with AP4 joining an already strong group of local pension funds and the European Investment Bank (EIB). The capital will be invested long-term in Nordic infrastructure.
Fontavis, a Swiss asset manager within the energy and infrastructure field, has signed a purchase agreement with OX2 for six turbines at Stigshöjden with a total output of 21.6 MW.
GE Energy Financial Services and Green Investment Group have jointly acquired the project from Svevind and invested more than €300 million in equity to finance the wind farm. For GE, it represents GE Capital's strategy to invest in and structure financing solutions in support of GE in key global growth markets.
Falck Renewables S.p.A. has entered into an agreement with E.ON Wind Sweden AB (part of the E.ON Group) for the acquisition of 100% of two limited liability companies (Åliden Vind AB and Brattmyrliden Vind AB).
Arise has exercised its option right to acquire the 115 MW Svartnäs wind farm from Bergvik Skog AB. Subsequently, Arise has entered into an agreement with a fund managed by BlackRock, the world’s largest asset manager, for the sale of the project.
HgCapital has sold the 288 MW Askalen onshore wind farm in Sweden to a pair of Dutch pension funds.
The Marguerite Fund has announced the purchase of a 46.8 MW ready-to-build onshore wind project from Element Power and its Joint Venture partner Kraftö AB.
Eolus has signed an agreement with Munich Re regarding the sale of Jenåsen wind farm in Sweden.
AMP Capital has reached financial close on a SEK1.47 billion (US$163 million) mezzanine debt investment in a portfolio of energy assets owned by Solør Bioenergi, a leading district heating business providing heating solutions across Sweden.
EQT has announced that its third fund for infrastructure investments, EQT Infrastructure III, has been closed at the hard cap of €4 billion (US$4.2 million).
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 Greystone Infrastructure Strategy has acquired an equity interest in Rabbalshede Kraft AB (publ), an established developer and operator of wind projects based in Sweden.
EQT Partners (EQT) has announced that its fund EQT Infrastructure III has attracted interest from several pension funds.
With the final closing of the Allianz Renewable Energy Fund 2 (AREF2) on November, the envisaged target volume of the second closed-end renewable energy fund of Allianz Global Investors (AllianzGI) could be outperformed by far.
Aquila Capital has announced the expansion of its renewable energy portfolio in Scandinavia with the acquisition of a further wind project in Sweden.
Anna Borg, currently Senior Vice President and head of Klarna’s commercial operations in the Nordics, has been appointed Senior Vice President of Vattenfall’s Business Area Markets.