KGAL and Access Capital Partners Complete Sale of Honkajoki Wind Farm to Ardian Clean Energy Evergreen Fund

Credit: KGAL

and Access Capital Partners have jointly announced the successful sale of the 22MW Honkajoki Finnish to the Ardian Clean Energy Evergreen Fund. The wind farm, located in western , boasts nine wind turbines with a combined installed capacity of 21.6MW and has been operational since 2013.

The Honkajoki wind farm was originally part of a fund managed by KGAL. KGAL's asset managers demonstrated their proficiency by achieving above-average returns through the implementation of optimization measures during the operation of the wind farm.

Managing Director of KGAL Investment Management, , highlighted the significance of this divestment in a complex market environment. He stated, “Now, we have successfully completed the divestment of Honkajoki together with Access Capital Partners in an environment of rising interest rates and high volatility in electricity markets. This is further proof of our expertise as an asset manager along the entire value chain.”

Ebner emphasized KGAL's commitment to providing sustainable fund solutions with attractive returns for investors, irrespective of transient market fluctuations. This transaction not only underscores the resilience and dynamism of the renewable energy sector but also signifies the continued commitment of industry players to deliver value to their investors.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use