We advised GR Wind Farms 1 Limited on the acquisition of Kestilän Kokkonevan Tuulivoima Oy
We advised GR Wind Farms 1 Limited on the acquisition of Kestilän Kokkonevan Tuulivoima Oy
May 27, 2021
Finland
Finland
Finland
Eversheds Sutherland Finland and Eversheds Sutherland UK advised GR Wind Farms 1 Limited, a fund managed by Greencoat Capital (www.greencoat-capital.com), on the acquisition of Kestilän Kokkonevan Tuulivoima Oy from ABO Wind, marking the fund’s first investment in the Nordic market.
Located in Siikalatva, Finland, Kokkoneva is a subsidy-free wind farm and has signed a 10-year fixed-price corporate power purchase agreement (PPA) with Finland’s state-owned gas utility Gasum for a major portion of the electricity produced. The wind farm will consist of 9 wind turbine generators and have a total capacity of 43.2 MW.
Additional information: Partner Sirkka Terho and Specialist Counsel Henrik Sandholm. The team also included Senior Associate Tuuli Vapaavuori-Vartiainen, Junior Associate Henry Firtser, Senior Associate Teemu Tomminen, Specialist Counsel Jussi Aranne, and Associate Linda Miettinen.
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