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Partial refinancing of the Korkeakangas wind farm project

  • Finland

    07-09-2021

    We acted as legal advisor for Korkeakangas Wind Oy in arranging re-financing from KfW IPEX-Bank GmbH for Korkeakangas Wind Oy, a special purpose vehicle managed by Aquila Capital, in relation to the construction of the Korkeakangas wind farm in Karstula, Finland. The wind farm will comprise nine wind turbines with a total capacity of 43.2 MW. The wind farm is currently under construction and expected to be completed in late 2021. The refinancing comprises construction and long-term project debt including ancillary facilities.

    Our team included Partner Hannu Rintala, Specialist Counsel Henrik Sandholm, Specialist Counsel Jussi Aranne, Specialist Counsel Leena Pyymäki, Specialist Counsel Mari Rusi, Senior Legal Trainee Sanni Tirkkonen, and Senior Legal Trainee Lotta Pelkonen.

    See also: https://www.eversheds-sutherland.com/global/en/where/europe/finland/overview/news/shownews.page?News=en/finland/en/Aquila-European-Renewables-Income-Fund-wind-farm-project

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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