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We advised GR Wind Farms 1 Limited on the acquisition of Kestilän Kokkonevan Tuulivoima Oy

  • Finland

    27-05-2021

    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.

    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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