Puhuri Oy – Ownership arrangements in Tuulikaarron Voima Oy
We acted as legal advisor to Puhuri Oy in an arrangement where funds advised by B Capital Partners AG became a minority shareholder in Puhuri’s subsidiary Tuulikaarron Voima Oy which owns two wind farms.
Our assignment included, inter alia, the preparation and negotiation of the agreements on the ownership change and the relating financing, creation of the desired corporate structure, assisting in the due diligence phase and assisting in the implementation of the ownership change and the related preparatory work.
Tuulikaarron Voima Oy owns two wind farms – Keso, consisting of seven wind turbines, and Kaukanen, consisting of eight wind turbines. Both wind farms are in production and Lieke has advised Puhuri Oy and Tuulikaarron Voima Oy also in the legal aspects of the wind farms’ development.
The aforementioned ownership arrangement was implemented during the spring 2023. Puhuri continues to manage the construction and operation of the wind farms also after the arrangement.