€51 million second lien financing supports refinancing of eight operational wind farms totaling 218 MW in Finland.
Funding structured with bespoke terms to provide flexibility in navigating the evolving Nordic power market.
Part of Macquarie’s €4.2 billion debt financing commitment to the renewable energy sector since 2014.
Macquarie Asset Management, through its managed funds, has provided €51 million in second lien financing to an onshore wind platform in Finland. The portfolio comprises eight operational wind farms with a combined capacity of 218 MW, located across Central-South Finland, and is owned by funds managed by Helsinki-based renewable energy specialist Taaleri Energia.
The financing will partially refinance existing debt, with highly tailored terms to support operational and market flexibility.
“As Finland transitions to a carbon-neutral society, onshore wind will play a considerable role to help facilitate this commitment,” said Chantal Zhu, Senior Vice President at Macquarie Asset Management. “We are delighted to provide a bilateral tailor-made financing to this onshore wind platform, which we believe is well-positioned to navigate the evolving Nordic power market environment.”
RELATED ARTICLE: Macquarie Asset Management Provides €97M to Greenalia, a 100% Renewable Energy Producer
Taaleri Energia manages five private equity funds with a 9.1 GW portfolio of wind, solar, and battery assets across Europe and the US.
Macquarie’s Credit & Insurance division, with approximately €200 billion in assets under management, has provided €4.2 billion in debt financing to renewable projects since 2014. Earlier this year, the platform also extended €97 million to Greenalia Power Spain, an independent renewable energy producer.
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