Rabbalshede Kraft AB – Acquisition of wind and solar power portfolio from Vapo Terra Oy

Solar energy and wind power

We acted as the legal counsel to Rabbalshede Kraft AB, a company operating in the renewable energy sector, in the transaction in which Rabbalshede Kraft acquired fifty (50) percent of the shares in Sunbreeze Oy, a company developing nine (9) wind and solar power projects in Finland, from Vapo Terra Oy. The combined nominal capacity of the projects is up to 1.4 GW.

We acted as the legal counsel to Rabbalshede Kraft AB, a company operating in the renewables energy sector, in the transaction in which Rabbalshede Kraft acquired fifty (50) percent of the shares in Sunbreeze Oy. Sunbreeze Oy is a company developing nine (9) wind and solar power projects in Finland. The combined nominal capacity of the projects is up to 1.4 GW. Vapo Terra Oy, a subsidiary of the state-owned Neova Oy, acted as the seller in the transaction.

Lieke’s core team comprised Partner Jussi Ekonen and Senior Associate Michelle Merlich. The core team was assisted by Hanna Tuominen (environment and permitting), Kristiina Välimaa (real estate), Hanna Tolonen (company law), Kia Vuorenvirta (company law), Riina Pajala (real estate), and Ilkka Toropainen (company law).

Rabbalshede Kraft was founded in 2005 and is a company operating in the renewable energy sector. Rabbalshade Kraft is owned by TD Greystone Infrastructure Fund, part of TD Asset Management, the asset management division of a leading Canadian bank.

For more details on the transaction, refer to Rabbalshede Kraft’s press release available here Rabbalshede Kraft expands in Finland | Rabbalshede Kraft.

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Team