Infracapital Sells Finnish Wind Power Project to Männikkötuulet Oy
Deal News | Jun 09, 2025 | Infracapital
Infracapital, a private equity firm focused on infrastructure investments, has successfully sold its Finnish wind power projects, Storbacken and Krpuln, to the Finnish energy company, Männikkötuulet Oy. Originally acquired in 2019 from OX2 during their pre-construction phase, these projects reached full operational status by 2021, generating a combined total of 60 megawatts of electricity. The transaction signifies an important milestone under Infracapital's Greenfield Partners I strategy, aimed at supporting Europe's transition to low-carbon economies via greenfield infrastructure development. The sale follows the successful navigation of construction challenges, particularly during the COVID-19 lockdowns, and demonstrates Infracapital's commitment to operational excellence. This divestiture marks the completion of Infracapital's planned investment and contributes significantly to the regional renewable energy goals. Männikkötuulet Oy will continue the operation immediately, aligning with its mission to advance the green energy transition.
Sectors
- Renewable Energy
- Infrastructure Investment
- Private Equity
Geography
- Finland – The transaction involves the sale of wind farms located in Finland, marking the region's commitment to renewable energy.
- Europe – Infracapital's strategy and investments are aligned with broader European goals for green energy and infrastructure development.
Industry
- Renewable Energy – The article discusses the operation and sale of wind power projects, focusing on their contribution to renewable energy targets.
- Infrastructure Investment – Infracapital, a private equity firm, strategically invests in and manages infrastructure projects, including greenfield project transitions in the energy sector.
- Private Equity – Infracapital is a private equity firm managing investments, exemplifying private equity involvement in renewable energy infrastructure.
Financials
- 60 megawatts – Total electricity generation capacity of the Storbacken and Krpuln wind farms.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Infracapital | Selling Company | Company | A private equity firm focused on infrastructure investments, responsible for the sale of the Finnish wind power projects. |
| Männikkötuulet Oy | Bidding Company | Company | Finnish energy company acquiring the Storbacken and Krpuln wind farms. |
| OX2 | Other Company | Company | Provided initial pre-construction projects to Infracapital and is a leading management services provider for the Nordics. |
| Michele Armanini | Person | Individual | Managing Director at Infracapital. |
| Kimmo Nieminen | Person | Individual | Managing Director of Männikkötuulet Oy. |
| Teneo | PR | Company | Assisting Infracapital with media relations. |