Ardian ACEEF Acquires 73.2 MW Operational Wind Portfolio in Sweden and Finland from KGAL
Ardian's Clean Energy Evergreen Fund (ACEEF) has acquired a 73.2 MW portfolio of three operational onshore wind farms in Sweden and Finland from a KGAL-managed investment vehicle, through its Nordic operating platform Enordic Evergreen. The acquisition brings ACEEF's total Nordic renewable energy capacity to 350 MW.
Transaction date: · Source: ardian.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 73.2 MW
- Transaction price
- Not disclosed
- Buyer
- Ardian, Enordic Evergreen
- Seller
- KGAL
- Region
- Southern Sweden (SE3) and Finland
- Location
- Two sites in southern Sweden (SE3 price zone) and one site in Finland
- Continent
- Europe
- Development status
- Operational
- PPA
- n.a.
Technology details
Three fully operational wind farm projects with a combined capacity of 73.2 MW, all equipped with tier-one turbines. Two projects located in southern Sweden (SE3 price zone); one project in Finland benefiting from strong power price outlook driven by data centre growth.
Additional information
Acquisition brings ACEEF's total Enordic Evergreen Nordic platform capacity to 350 MW. Investment and asset management led by Ardian's wholly-owned Nordic IPP Enordic Evergreen. Ardian will deploy its proprietary OPTA data analytics platform to optimise operational performance. ACEEF has grown from €1.0 billion and 1 GW at launch to 1.6 GW operating across five platforms. Ardian manages over 10 GW of clean energy capacity across all Infrastructure Funds.
Source
Original announcement: https://www.ardian.com/news-insights/press-releases/ardian-clean-energy-evergreen-fund-aceef-expands-nordics-portfolio-0