Greencoat Renewables to acquire Kokkoneva wind farm from Abo wind for $73m.

Greencoat Renewables, a renewable infrastructure company, agreed to acquire Kokkoneva wind farm from Abo wind, a global renewable energy project developer, for $73m. "The combination of low-cost renewable energy, and a well-developed Corporate PPA market make the Nordics a very attractive target for renewable energy investment. We're delighted to secure such a high-quality asset from Abo wind, and have sight of further value-accretive opportunities in Finland and the rest of the Nordic region. As the renewable generation market continues to develop, we expect to see greater opportunity in forward-sale and corporate PPA models and believe Greencoat Renewables is well positioned to benefit both in Europe and in Ireland," Paul O'Donnell, Greencoat Capital Partner.