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Announced

The Renewables Infrastructure Group acquired the Jädraås wind farm from Platina Energy Partners for €207m.

Synopsis

The Renewables Infrastructure Group, a London-listed investment company advised by InfraRed Capital Partners, acquired the Jädraås wind farm, an operational onshore wind farm with a capacity of 212.85MW, from affiliates of Platina Energy Partners for €207m. Richard Crawford, Director, Infrastructure at InfraRed Capital Partners, said: "Jädraås is our second investment in Sweden and represents an expansion of our presence in the Nordic market. With power price hedging in place for most of expected generation for the next 5 years and attractive unlevered returns, this acquisition complements our existing portfolio very well, whilst increasing our exposure to one of Europe's most attractive regions for renewable energy development."

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