Home Legal Advice DLA Piper advises on Prime Capital’s acquisition of the 192MW Lappfjard mission...

DLA Piper advises on Prime Capital’s acquisition of the 192MW Lappfjard mission in Finland

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DLA Piper has suggested Prime Capital AG and Prime Green Energy Infrastructure Fund S.A. SICAV-RAIF on the acquisition of the 192 MW Lappfjärd wind farm from CPC Finland.

The mission will comprise 31 wind generators with a complete capability of 192 MW, located in in Kristiinankaupunki, Finland. CPC Finland will present engineering, procurement, and development companies.

DLA Piper suggested on all facets of the due diligence, acquisition and development agreements.

Lead accomplice Fredrik Lindblom (London) commented: “We are delighted to have advised Prime Capital and PGEIF again, building on our previous collaboration for their joint investment with Enlight Renewable Energy in the 372MW Björnberget wind project, which closed in Q4 2020.

Antti Niemi, lead accomplice in Finland added “This is a significant renewable energy transaction in the Nordics, Once constructed, the wind farm will have an annual production which could cover the electricity consumption of about 200,000 households.

Other group members included: accomplice Stephen Atkinson(Corporate, Leeds); accomplice Rubayet Choudhury (Finance and Projects, London); senior affiliate Jacques Camilleri (Finance and Projects, Leeds); affiliate Charlotte Eliades (Finance and Projects, London) accomplice Xavier Guzman (Finance and Projects, Luxeumbourg); senior affiliate Ida-Sofia Antinluoma (Corporate, Helsinki); senior Associate Tuukka Toropainen (Real Estate, Helsinki) and affiliate Petteri Larnimaa (Real Estate, Helsinki).

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