EY advisor to AIP Management (merchant financing of 148.5 MW wind farm)

8 Feb 2022
Authors
Kinga Charpentier

EY Nordics Renewables Co-Lead, M&A and Debt Advisory

Excited to help clients lead their organizations through the energy transition. Keen traveler, musician and sports enthusiast.

Michael Bruhn

Partner, Power & Utilities, Strategy and Transactions, EY Denmark

Passionate financial advisor in the field of renewable energy.

8 Feb 2022
Related topics Strategy and Transactions

EY Corporate Finance advised AIP Management, a Danish investment manager investing into energy & infrastructure assets in Europe and the US, on the EUR 135m financing of the 148.5MW Matkussaari wind farm in Finland through an innovative and flexible debt instrument designed to finance fully merchant projects on a long-term basis.

This wind farm, located in the region of Ostrobothnia in Finland, will have a total expected production of c. 460 GWh per year and will offset the equivalent of 34,000 tonnes of carbon dioxide during each year of operation. Construction is expected to start in April 2022 with the project expected to reach commercial operation in January 2025. VALOREM, a French independent power producer, established in 1994, is the project developer, 100% equity owner and project manager during both construction and operations.

This is AIP Management’s first investment into the Finnish onshore wind market.

EY Corporate Finance advised AIP Management as financial advisor in this landmark financing in the Finnish onshore wind sector. 

Read more here.

Contact details for more information:

Kinga Charpentier
Partner, Head of Corporate Finance, Strategy and Transactions, EY Finland
+358 503 229 397

Michael Bruhn
Partner, Power & Utilities, Strategy and Transactions, EY Denmark
+45 2529 3135

Summary

EY Corporate Finance advised AIP Management as financial advisor in this landmark financing in the Finnish onshore wind sector. 

About this article

Authors
Kinga Charpentier

EY Nordics Renewables Co-Lead, M&A and Debt Advisory

Excited to help clients lead their organizations through the energy transition. Keen traveler, musician and sports enthusiast.

Michael Bruhn

Partner, Power & Utilities, Strategy and Transactions, EY Denmark

Passionate financial advisor in the field of renewable energy.

Related topics Strategy and Transactions