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Announced

Nuveen-backed Glennmont Partners to acquire a 30 MW Finland onshore wind portfolio from clearvise.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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onshore wind

Renewable Energy Equipment

Cross Border

Private

Pending

Single Bidder

Finland

Acquisition

Majority

Private Equity

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Synopsis

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Nuveen-backed Glennmont Partners, a clean energy investment fund manager, agreed to acquire a 30 MW Finland onshore wind portfolio from clearvise, an independent power producer. Financial terms were not disclosed. “This agreement with clearvise marks another positive investment in Finland and the Nordics, after successful recent activity in the onshore wind and battery storage sector. It has been excellent working with the team at clearvise on this deal, and we now look forward to realising further investment opportunities in this region and across Europe – accelerating the rollout of low-cost clean energy and helping our investors to further decarbonise their portfolios," Joost Bergsma, Glennmont Partners CEO.

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