22/08/2019

Krogerus advises Tuuliwatti Oy on the divestment of two operational large-scale onshore wind farms to Aquila Capital.

Krogerus advised Tuuliwatti Oy on the divestment of two operational large-scale onshore wind farms to Aquila Capital. The wind farms are located near the city of Oulu and have a respective capacity of 34,5 MW and 18,5 MW. The average annual production is expected to be around 99 GWh and 47 GWh, respectively. The wind farms have been originally developed, constructed and managed by TuuliWatti and have been operational since 2012 and 2015, featuring solid Vestas V112 and V126 turbines.

TuuliWatti Oy is a Finnish industrial wind power company jointly owned by St1 Nordic Oy and S-Voima Oy. Founded in 2009 and with a share of around 21% of the wind power produced in Finland in 2018, TuuliWatti Oy is the leading player in its industry in Finland. 

The Krogerus team was led by partner Ville Hailikari. He was mainly assisted by senior associates Taru Kovanen and Kalle Hakkarainen and associates Iida Mäki-Mattila and Jani-Pekka Jussila. Senior associate Sanna Lindqvist advised on tax related matters.   

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