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    Bagnall Energy Completes Acquisition of Konttisuo Wind Farm in Finland from Energiequelle


    October 4, 2022 - Marketline - Deals

     

      Deal In Brief

      Bagnall Energy Ltd, the renewable energy and infrastructure arm of Downing Estate Planning Service, has completed acquisition of Konttisuo wind farm in Finland, from Energiequelle GmbH, a renewable energy company. The total installed capacity of the project is 30 MW

      The Konttisuo wind farm is located near Soini in the region of Southern Ostrobothnia, Finland. The wind farm was developed and is being constructed by Energiequelle, which will also provide long-term technical and commercial management services to the plant. Nordex supplied the seven N149 turbines and is contracted to provide long-term maintenance services to the project for 25 years

      Energiequelle completed the commissioning of the wind farm on September 29, 2022

      Deal History: Announced: On May 5, 2022, Bagnall Energy agreed to acquire Konttisuo wind farm in Finland, from Energiequelle.

      Deal Type Acquisition
      Sub-Category Asset Purchase
      Deal Status Completed: 2022-09-29

      Deal Participants

      Acquirer (Company) Bagnall Energy Limited
      Vendor (Company) Energiequelle GmbH

      Deal Rationale

      % Acquisition 100%

      (Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Marketline shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon.)

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