Taaleri Energia completes a EUR 287 million refinancing of a 211 MW Finnish onshore wind portfolio
05 November 2021 - 7:00PM
Taaleri Energia completes a EUR 287 million refinancing of a 211 MW
Finnish onshore wind portfolio
TAALERI PLC PRESS
RELEASE 5 NOVEMBER
2021 AT 10:00 (EET)
Taaleri Energia
completes a EUR
287 million refinancing of a 211 MW
Finnish onshore wind portfolio
Taaleri Energia has successfully completed a EUR 287 million
refinancing of a 211 MW Finnish onshore wind portfolio with
UniCredit. The portfolio is owned by the Taaleri Wind II and
Taaleri Wind III funds and Loiste Energia. The Taaleri Energia wind
funds were established in 2014 and 2016 respectively and together
they have invested in eight onshore wind farms. With this
refinancing Taaleri Energia has further enhanced the value of the
investments by replacing the existing individual project financing
packages and realising the benefits of a portfolio refinancing.
Kai Rintala, Taaleri Energia’s Managing Director, said: “We are
delighted with the outcome of this refinancing which has
significantly enhanced returns for our investors.”
Matteo Pietropoli, Global Head of Infrastructure & Power
Project Finance at UniCredit, said: “We are proud to be part of
this deal, which both evidences UniCredit’s capabilities in
sustainability-linked lending and our enduring commitment to the
financing of renewable investments. I would like to thank Taaleri
Energia for their trust and look forward to continue supporting
them in the future.”
The new loan qualifies as a green loan under the Loan Market
Association’s Green Loan Principles.
The eight wind farms together produce enough electricity to
supply around 75 400 households and offset the equivalent of
around 170 000 tonnes of carbon dioxide during each year of
operation.
About Taaleri Energia
Taaleri Energia is a Helsinki based renewable fund manager and
developer. With 40 professionals, Taaleri Energia has one of the
largest dedicated wind and solar investment teams in Europe and
manages a 2.8 GW wind and solar portfolio in Europe, the US and the
Middle East.
Taaleri Energia is ranked by Preqin as one of the most
consistent top performing infrastructure fund managers.
Taaleri Energia is part of the Taaleri Group, which is listed on
the Nasdaq Helsinki stock exchange.
www.taalerienergia.com/en
For more information, please contact:Kai
Rintala, Managing Director, Taaleri Energia, 358 40 162
5711, kai.rintala@taaleri.comStephen Ross,
Head of Investor Relations, Taaleri Energia, 358 40 7337789,
stephen.ross@taaleri.energia
About UniCredit
UniCredit is a simple successful pan-European Commercial Bank,
with Corporate & Investment Banking (CIB) across all Group
geographies, delivering a unique Western, Central and Eastern
European network to its extensive client franchise.
UniCredit offers both local and international expertise to its
clients, providing them with unparalleled access to leading banks
in its thirteen core markets through its European banking network:
Italy, Germany, Austria, Bosnia and Herzegovina, Bulgaria, Croatia,
Czech Republic, Hungary, Romania, Russia, Serbia, Slovakia and
Slovenia.
Leveraging on an international network of representative offices
and branches, UniCredit serves clients in another sixteen countries
worldwide.
Taaleri in brief
Taaleri is a Nordic investment and asset manager with an
emphasis on renewable energy and other alternative investments. We
channel capital towards economically profitable undertakings that
have a lasting positive impact on the environment and society. We
are a signatory of the UN Principles for Responsible Investment
(UNPRI) since 2010. Taaleri’s vision is to be a Nordic forerunner
in alternative investments focusing on sustainability.
Taaleri has two business segments: Private Asset Management and
Strategic Investments. Private Asset Management consists of
renewable energy, real estate, bioindustry and infrastructure
businesses. The Strategic Investments segment includes Garantia
Insurance Company Ltd.
Taaleri has EUR 2.1 bn of assets under management in its private
equity funds and co-investments. The company has approximately 120
employees. Taaleri Plc is listed on Nasdaq Helsinki.
www.taaleri.com
Siri Markula, Head of Communications and IR, tel. +358 40 743
2177, siri.markula@taaleri.com
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