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TRADING UPDATES: Brickability buys Leadcraft; Aquis has record July

TRADING UPDATES: Brickability buys Leadcraft; Aquis has record July
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POWER Digest [July 2021]

Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription POWER Digest [July 2021] GE Will Supply Finnish Wind Farm. General Electric (GE) in late May said it will deliver 16 Cypress onshore wind turbines for the 88-MW Puskakorpi wind farm in Finland. Each 5.6-MW-158 turbine will be installed under a 30-year full-service agreement. The project was co-developed by Finland’s Smart Windpower Oy, Mincovest Oy, and GE Renewable Energy. GE Energy Financial Services (EFS) also was a partner in the project, raising the long-term project finance debt. GE EFS also was responsible for sourcing an investor for the project, which was acquired by Foresight Energy Infrastructure Partners, a Luxembourg Special Limited Partnership for which Foresight Group LLP acts as portfolio manager. Societe Generale, a leading bank in the field of renewables financin

Investegate |JLEN Environmental Announcements | JLEN Environmental: Annual Financial Report

Societe Generale finalises Finnish wind farm financing

Societe Generale has completed project financing of the 88MW Puskakorpi onshore wind farm in western Finland’s Northern Ostrobothnia region. Initially developed by GE Renewable Energy in partnership with Finnish developers Smart Windpower and Mincovest, Puskakorpi was subsequently acquired shortly before financial close by Foresight Energy Infrastructure Partners, a Luxembourg special limited partnership for which Foresight Group LLP acts as portfolio manager. This is Foresight’s first onshore wind investment in Finland as well as its first partnership with GE in the sector. GE is also supplying 16 Cypress wind turbines to Puskakorpi and has entered into a 30-year full-service agreement for the project, which will generate enough renewable energy to power the equivalent of 55,000 households in Finland.

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