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Taaleri s SolarWind II fund exceeds its target size with final close commitments of EUR 354 million – Padovanews

Taaleri s SolarWind II fund exceeds its target size with final close commitments of EUR 354 million – Padovanews
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Investegate |Taaleri Oyj Announcements | Taaleri Oyj: Taaleri s SolarWind II fund exceeds its target size with final close commitments of EUR 354 million

EUR 354 million The Taaleri SolarWind II fund has exceeded its target size of EUR 300 million with a final closing of EUR 354 million in total commitments. The fund’s anchor investors include the European Investment Bank, the European Bank for Reconstruction and Development, Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company. The Taaleri SolarWind II fund invests in utility-scale wind and solar assets. The fund is investing in a diversified portfolio of ready-to-build assets in five key markets; the Nordics & Baltics, Poland, South East Europe, Iberia and Texas. It is estimated that the fund will finance approximately 850 MW of renewable energy capacity, which will offset over 1 million tonnes of CO2 annually throughout the 25 year lifetime of the assets.

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