Hannes Snellman Advises OX2 on Project Financing of Three Finnish Onshore Wind Farms Totaling 277 MW

Hannes Snellman advised OX2 on the construction, development, power purchase agreement (PPA) and Finnish law aspects of the project financing for three onshore wind farms in Finland. The transaction concerns the financing and development of three wind farms with a combined capacity of 277 MW. The Kannisto wind farm in Halsua is scheduled for completion in 2028 and has a total capacity of 124 MW. The Korkeamaa wind farm in Soini is due for completion in 2027 with a capacity of 108 MW. The Salo-Ylikoski wind farm in Kauhava is also scheduled for completion in 2027 and has a capacity of 45 MW. The wind farms will remain under OX2’s ownership once constructed. The projects benefit from long-term PPAs. OX2 has also secured a long-term debt financing package provided by KfW IPEX-Bank, NatWest, Nordea Bank Abp and SEB. Hannes Snellman represented OX2 with a team composed by: Maria Landtman, Marjaana Martikainen, Minna Juhola, Elisa Panula, Linda Härkönen, Elina Uitto, Emmi Malm, Rauli Elenius, Jenny Karlsson, Aleksi Maunumäki, Eemi Piirainen, Alisa Ainonen and Saara Järvelä (Real Assets); Josefina Aalto, Anna Huttunen, Oona Aalto and Viivi Miettinen (Finance); and Legal Assistants Victoria Reiter, Zoe Röpelinen, Karoliina Kaartinen, Monika Parkkinen, Nora Mansikka and Laura Pöyhönen.

Hannes Snellman Advises OX2 on Project Financing of Three Finnish Onshore Wind Farms Totaling 277 MW

Read the full story

Cookie Preferences

Strictly Necessary

Analytics & Statistics

Marketing & Ads