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Downing Renewables & Infrastructure Trust PLC's Acquisition of Hydropower Plants From ÄSI Kraft AB – Global Legal Chronicle

Downing Renewables & Infrastructure Trust PLC's Acquisition of Hydropower Plants From ÄSI Kraft AB – Global Legal Chronicle
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Downing's Acquisition of Eight Hydropower Plants From Fortum Sverige AB – Global Legal Chronicle


Downing LLP announced the acquisition of eight hydropower plants from Fortum Sverige AB.
The hydropower plants are located in Norsälven, Dalälven and Svågan in middle and southern Sweden with an average annual production of c. 108.5 GWh and a combined capacity of 25.6 MW.
The purchase price for the assets is €64.5 million on a debt and cash free basis and the transaction is expected to complete in February 2021.
Downing LLP offers management of tax efficient investment products for investors in the United Kingdom. At Downing, they aim to make a difference in the lives of their investment community. They design & manage investment products that help investors look after their financial wellbeing, while their investment partnerships support businesses in their ambitions. ....

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