Commerz Real’s impact real assets focused fund has added a 39.9MW Finnish wind farm to its portfolio.
Commerz Real said its Klimavest fund has acquired the wind farm in the Pohjois-Pohjanmaa region in western Finland from developer Energiequelle for an undisclosed amount.
The asset is the third wind power investment by Commerz Real in the Gulf of Bothnia following an acquisition in the municipality of Maalahti in December last year and a deal in the municipality of Kannus in the summer of 2021.
Yves-Maurice Radwan, the head of green deal infrastructure at Commerz Real, said: “Finland is an extremely attractive location for wind energy investments.
On the basis of the positive experiences with the local framework conditions and with Energiequelle as the developer we have been able to expand the Klimavest fund portfolio to include a further profitable asset.”
To read the latest edition of the latest IPE Real Assets magazine click here.
