18/9/2019

Energiequelle portfolio acquisition in Finland

Bergmann acted as counsel to international project developer Energiequelle in their acquisition of three wind power projects in Finland.

The projects Mikonkeidas, Korvenneva and Lumivaara are located in the regions of Ostrobothnia, South Ostrobothnia, Satakunta, and Kainuu. The projects were originally developed by Otsotuuli Oy. Once finalized, they will enable the construction of up to 39 wind energy turbines.

Energiequelle, based Germany, is an internationally operating renewable energy company with a special focus on wind turbines and wind farms. In addition to business segment of wind energy, Energiequelle is also active in the fields of photovoltaics, biogas, electricity sales, energy networks and energy storage facilities. Their Finnish subsidiary Energiequelle Oy is holding a Finnish project pipeline of several hundred megawatts.