The London-based specialist investor, Impax Asset Management, announced the sale of a 107.7MW wind farm portfolio in Finland today.
The wind farm portfolio, a fund managed by Impax, has completed its sale with Allianz Capital Partners – the Allianz investment manager for alternative investments.
The sale is in accordance with the fund’s strategy of realising assets once they are operational. Impax has grown the Portfolio by acquisition since 2013, and subsequently constructed the entire Portfolio which includes three projects in Finland, two in Lapland and the third in the North Ostrobothnia region. It has a total installed capacity of 107.7MW, comprising 35 wind turbines with a combination of Vestas and Nordex technologies.
Ben Stafford, Associate Director at Impax, commented:
“We are pleased to complete this sale to Allianz Capital Partners. The sale represents a material part of our current disposal programme and follows the successful sale of our French and German portfolio earlier this year. We have enjoyed strong support in Finland and appreciate the hard work of the all parties involved in completing this process.”
The terms of the deal are not disclosed.
Impax’s legal adviser to the transaction was White & Case in Helsinki and Impax’s financial adviser was Augusta & Co in London.
Like our Facebook Page
Understanding The True Environmental Impact of Dentistry
Incredibly Important Benefits of Effective Ethically Made Anti-Virus Face Masks
Green Entrepreneurs Find Creative Ways to Balance Ethical Goals with their Retirement Objectives
The Surprising Environmental Benefits of Using an Organic Mattress
Everything You Need to Know Before You Start Using Renewable Energy in 2021
The Curtis Institute of Music Makes Facilities More Energy Efficient
What Can Ecotourists Learn from Visiting Chernobyl?
Mastering the Art of Trading Bitcoins Profitably and Sustainably
5 Essentials for Promising Eco-Friendly Businesses to Thrive in a New Economy
Bitcoin – an Eco-Friendly Cryptocurrency That is Rocking the World!
Eco-Friendly Devices Are Amazing for Improving Indoor Air Quality in Urban Areas
6 Financial Benefits of Solar-Powered Homes
From Store to Door with Minimal Impact: How Companies Are Eco-Friendly Innovators
The Eco-Friendly Evolution of Bitcoin Over the Years
A Guide to Investing In Renewable Energy Stocks in 2021
Creative Ideas to Practice Eco-friendlier Consumerism
9 Simple Changes for Creating an Energy-Efficient Home
Why Eco-Friendly Solutions Can Work for Your Home
How to be More Environmentally-Conscious in 2021
Hawkers Launch a Truly Innovative Eco-Friendly Sunglass Line
- Editors Choice12 months ago
10 Green Companies With Amazing Environmental Initiatives
- Features12 months ago
5 Sustainable Home Improvement Ideas To Improve Your Home’s Value
- Energy11 months ago
10 Amazing Energy Saving Hacks for Spring
- Invest10 months ago
4 Super Simple Solutions To Create The Perfect Eco-Friendly Home