Highlight 14 February 2022

Krogerus advises VALOREM on a large-scale VIIATTI portfolio transaction

Krogerus advised VALOREM on the divestment of 165MW Kalistanneva wind farm development project to Helen and Ålandsbanken Abp as well as on the fully merchant EUR 135m debt financing transaction with AIP Management to fund the construction of 148.5MW Matkussaari wind farm development project. Together Kalistanneva and Matkussaari projects comprise an aggregate capacity of 313.5 MW and they will generate annually approximately 1TWh of electricity, representing around 1.2% of the Finnish annual electricity consumption. The projects are jointly among the five largest wind farms currently being built in Finland.

The Krogerus team was led by Partner Sami Laine and he was primarily assisted by Associates Linda Härkönen, Sonja Sivén and Jani-Pekka Jussila.

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