Acquisition of 49% stake in Louhukangas and Möksy wind farms

Kansai Electric Power Company

Posted on

9 Aug

2021

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Fast facts

Status:

Completed

Cross-border:

Yes

Deal value:

Not disclosed

Dittmar & Indrenius > References > Acquisition of 49% stake in Louhukangas and Möksy wind farms

We advised Japan’s Kansai Electric Power Company (KEPCO) on the Finnish law aspects of its acquisition of a 49% stake in two onshore wind farm projects from the Finnish renewable energy developer Ilmatar.

Construction of the Louhukangas and Möksy wind farms will begin in autumn 2021. The subsidy-free projects, located in Finland’s Ostrobothnia region, will comprise 36 Vestas turbines with a total rated power of 216 MW.

 

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