Main renewable power and infrastructure consultancy, Pure Energy has suggested NTR on the 200MW acquisition of operational and pre-construction onshore wind tasks in Sweden and Finland that has been added to the NTR Renewable Power Revenue Fund II. Whole capital invested by NTR within the portfolio is anticipated to be in extra of €180 million. NTR acquired the portfolio tasks, referred to as Vindin, from a consortium of Swedish industrial corporations.Pure Energy attended all websites individually and supplied pre-construction yield evaluation alongside turbine inspections for the operational tasks. The detailed due diligence evaluate included turbine service agreements, asset administration agreements, grid connection agreements (together with grid concession), energy buy agreements, turbine expertise, venture permits, EIA, and forecasted operational expenditure. Pure Energy additionally suggested on a top level view building programme and evaluation of improvement dangers for the pre-construction venture.Marc Lamphiere, Nation Director of Pure Energy Eire, stated: “In the course of the course of the previous few years, we have now been more and more lively in supporting purchasers throughout the Nordic area by offering pre-construction, building and advisory companies. We’re delighted to deliver our technical advisory expertise to bear in supporting the Vindin portfolio acquisition on behalf of NTR, and in supporting its first entry into the area. We have now now supported NTR in six nations because it continues to develop its European footprint. The Vindin belongings characterize a high-quality addition to the present portfolio.”Giles Dearden, Director of Due Diligence at Pure Energy, stated: “We’re delighted for NTR on the success of its acquisition. Within the final 18 months Pure Energy has carried out greater than 3GW of transaction advisory and power yield evaluation throughout the Nordic’s usually accommodating complicated path to market contracts, quantity hedging evaluation, climate threat and a few of the largest wind generators deployed in Europe.”“Sweden and Finland characterize thrilling new geographies for the fund, every having bold renewable power targets and a steady financial outlook;” stated Manus O’Donnell, Chief Funding Officer of NTR. “This portfolio of tasks gives a beautiful combine throughout the event life-cycle, in keeping with our fund’s technique to enhance tasks in improvement with these already up and operating.”The portfolio contains three operational tasks totalling 94MW and one superior stage improvement cluster totalling a possible 108 MW capability in southern Sweden. The three operational tasks, Trattberget (69MW) situated within the Örnsköldsvik municipality in northern Sweden; Skutskär (10MW) primarily based on the Swedish city’s port in Medora Bay; and Svalskulla (15MW), situated within the Ostrobothnia area of Finland, got here into operation at numerous dates between 2009 and 2014. NTR expects to deliver the event venture cluster, Norra-Vedbo, into operation in 2021.NTR will put in place long-term energy worth contracts for the Swedish tasks, for which there’s appreciable demand, given the size of the portfolio. Svalskulla, the 15MW venture situated in Finland, advantages from the Feed-In-Tariff programme supported by the Finnish Authorities. The tasks might be financed with venture finance debt.About NTRNTR is a sustainable infrastructure investor and asset supervisor that acquires, constructs and manages renewable power tasks. NTR has constructed and operated 2GW of wind tasks and 630 MW of photo voltaic tasks throughout Europe and the US.Its first fund, NTR Wind 1 LP, was launched in 2015 to spend money on pre-construction onshore wind tasks in Eire and the UK. Its second sustainable infrastructure fund, NTR Renewable Power Revenue Fund II, is focusing on €500 million and invests in each pre-construction and operational onshore wind and photo voltaic tasks throughout quite a few European markets, along with power storage that’s related to the wind and photo voltaic tasks owned by the fund. NTR lately introduced securing first shut commitments of €229 million. About Pure PowerNatural Energy is a number one unbiased renewable power and infrastructure consultancy that employs 350 workers globally. The corporate gives proactive and built-in consultancy, administration and due diligence companies, backed by an progressive product vary, throughout the onshore wind, offshore wind, wave, tidal, renewable warmth, photo voltaic pv and hydro sectors, while sustaining a powerful outlook on different new and rising renewable power ENDSContact particulars:Jane Maher, PR and MediaNatural PowerT: 07887 995 589E: [email protected]