Ardian completed the acquisition of the Lakiakangas 1 wind farm from CPC Germania.

Private equity firm Ardian completed the acquisition of the Lakiakangas 1 wind farm from CPC Germania, a wind farm projects developer. Financial terms were not disclosed. "Although this investment comes during a challenging period for the world, we remain committed to sustainable energy, which will continue to play an important role in the transition to a more climate friendly society. This investment, our first in Finland, is underpinned by agreements with strong counterparties to whom we will deliver all of the produced electricity under long term contracts. This combined with the opportunity to build additional capacity in the future is a great fit for our industrial asset management strategy," Simo Santavirta, Ardian Infrastructure Head of Asset Management.