AMWatch

New fund’s first transaction: Taaleri SolarWind II invests in Finnish wind farm

Taaleri's fifth renewable energy fund held a first closing earlier in July with commitments totaling about EUR 220m. Investors include the European Investment Bank, Ilmarinen and Varma.

European Commission Vice President Jyrki Katainen. | Photo: PR / EC

Taaleri Energia's SolarWind II fund has made its first investment acquiring 100 percent of the Oltava wind farm in Pyhäjoki, located in north-western Finland, alongside its co-investors.

Construction of the wind farm has begun, and the farm is expected to be fully operational by early 2021. The wind farm, which is located around 100 kilometers outside the city of Oulu, will produce energy to some 35,000 households and offset the equivalent of 88,000 tons of carbon dioxide each year of operation. With 19 Nordex 4.8 MW turbines and an installed capacity of 91 MW, the wind farm’s annual production of electricity will stand at approximately 290 GWh.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Nasdaq reports record year in Europe

In 2021, the number of new equity listings on the Nasdaq exchange in Copenhagen broke the old record set in 2007, and in Stockholm, the exchange recorded its highest-ever number of new listings. Nasdaq also had increasing trading volumes last year.

Further reading

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch