Korkia completed the acquisition of an 82.68% stake in Hinojosa Solar.

Korkia, a fund targeted at Finnish institutional and professional investors, completed the acquisition of an 82.68% stake in Hinojosa Solar, a Spanish 22 MWp solar power plant. Financial terms were not disclosed. “The price of electricity has reached record highs in Spain and globally, and therefore the plant has commercially exceeded the expectations set at the time of the investment. New renewable energy power plants like Hinojosa Solar are vital to societies because they help reduce electricity shortages. This is good news for investors as well, because their money generates positive impacts and financial returns.” Mika Räsänen, Korkia Portfolio Manager.