- Published: 14 January 2020 14 January 2020
Natural Power has acted as technical advisor to the Finnish renewable energy developer Taaleri Energia in a deal that sees funds managed by Taaleri Group divest part of their wind farm investment portfolio by selling their shares in the Nyby and Myllykangas wind farms to a consortium of Korean institutional investors.
The wind farms, Nyby (eight turbines), Myllykangas I (19 turbines) and Myllykangas II (three turbines), are co-located some 55 km north of the city of Oulu and have a combined production capacity of 73.2 MW and have been fully operational since 2015/2016. Taaleri Energia will continue to manage the investments under a managed account agreement and will also continue as the technical and commercial manager of the wind farms under the new owners. The Korean investors, led by Hana Financial Investments and Korea Investment & Securities, are providing both the debt and equity for this transaction, investing via funds managed by NH Amundi and IBK Asset Management.