Recent work | March 21, 2023

Roschier advised Alterric in the sale of two Finnish onshore wind projects

German wind power developer Alterric Internationale Beteiligunge GmbH has divested two large-scale onshore wind projects in Finland to Nordic energy company Ilmatar. Roschier represented Alterric in the transaction.

Thirty turbines with a combined nominal capacity of around 200 MW will be built at PahkakoskI in Ii and five turbines with a combined nominal capacity of around 30 MW at Jäkäläkangas in Karvia. Together, the wind parks will produce approximately 1 % of Finland’s annual electricity consumption.

The transaction supports the strategies of both companies, with Alterricon focusing on the Central European market and Ilmatar on the Nordic renewable energy market.

The Jäkäläkangas project was transferred to Ilmatar’s ownership in 2022, with construction expected to be completed in late 2023. The Pahkakoski project is permitted for construction and is currently being prepared for an investment decision.

Roschier’s main advisory team comprised Toni Siimes, Helinä Pohto and Andreas Bussman.