Taaleri Energia makes sustainable investments in utility-scale development and construction projects in onshore wind, solar and battery storage plants.
The Taaleri Energia team is one of the largest dedicated renewables investment teams in Europe. We have expertise in all phases of the project: project development, creation of investment opportunities, technical due diligence, execution of transactions, construction and operation.
We currently manage five private equity funds and have a 9.3 GW porfolio of wind, solar and battery assets in Europe and the US.
SolarWind III
The Taaleri SolarWind III Fund’s investment strategy is to acquire, develop, contract, construct, operate and exit a portfolio of utility scale onshore wind farms, photovoltaic solar parks and battery storage assets across the Fund’s target markets - Nordics & Baltics, Poland & Southeast Europe, Spain and Texas.
The Fund currently owns 60 projects, representing c. 6 GW in net generation capacity, which is approximately four times as many projects as the Fund will construct. Based on the portfolio, we expect to invest c. 50% of the Fund in the Nordics & Baltics, c. 25% in Poland & Southeast Europe, c. 15% in Spain and c. 10% in Texas.
The Taaleri SolarWind III Fund is a so-called “Dark Green” Fund classified as an Article 9 Fund under the EU Sustainable Finance Disclosure Regulation, which means that the fund has a sustainability objective and makes sustainable investments. The renewable energy power and storage plants that the Fund will construct will generate green electricity for around 1.3 million households, reduce an estimated 2.3 million tonnes of carbon dioxide, reduce air pollution, improve grid infrastructure, create local employment, generate local and state tax revenues and increase energy security.
The project Paistinkulma is Taaleri Energia’s first battery energy storage system investment. Project is located in Lempäälä, some 25 kms south of Tampere in Finland. With a 30 MW / 36 MWh capacity, the facility will be one of the largest battery energy storage systems operating in the Finnish frequency reserve market. The battery energy storage facility will support the balancing of the difference between production and consumption in the power grid by participating in Fingrid's reserve market. In addition, energy storage facilities enable further increase the share of renewable energy in the electricity grid. The capacity of the project has the potential to be doubled in the future.
The project Paistinkulma is one of the Taaleri SolarWind III fund sustainable investments, meaning that the project is EU Taxonomy EU/2020/852 aligned, sustainability is measured and monitored via sustainable indicators and the principle adverse impacts are considered and reported as a fund level. Sustainability indicators relating to the Paistinkulma project measure times renewable energy is transferred into high-demand hours and hours of electricity grid balancing is supplied.
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The Taaleri SolarWind III Fund has together with the clean energy company of the United Arab Emirates, Masdar, invested in a wind farm in Serbia with a capacity of 155 megawatts. The project is located next to the Čibuk 1 wind farm, about 50 km from Belgrade, in the municipality of Kovin, in the province of Vojvodina.
Čibuk 2 consists of 22 Nordex wind turbines. The wind farm has an annual electricity production of 330 gigawatt hours, which provides electricity for about 62 000 households. The electricity production will enable emission reductions approximately 311 200 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
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22 wind turbines |
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Estimated production 330 GWh per year |
 Estimated completion Q1/2026 |
The Taaleri SolarWind II fund invested, together with Encro, in a wind farm in Croatia with a capacity of 111 MW.
With a total of 25 Nordex wind turbines, the wind farm will have an installed capacity of 111 MW. The annual production of electricity supplied to the Croation grid will be approximately 373 GWh, while the wind farm will produce enough electricity to supply around 93,000 households and will enable emission reductions approximately 92,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
111 MW installed capacity
Emission reductions approx. 92,000 tCO2e
25 wind turbines
Providing electricity for around 93,000 households
Estimated production 373 GWh per year
Completed Q1/2024
The Taaleri SolarWind II fund has, together with Atsinaujinančios Energetikos Investicijos, invested in a wind farm in Lithuania with a capacity of 50 MW.
Anykščiai is an operational wind farm, located in the county of Utena, Lithuania. The wind farm consists of 9 wind turbines, and the annual production of electricity is estimated at 152 GWh, providing electricity for around 65,000 households and will enable emission reductions approximately 26,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
50 MW installed capacity
Emission reductions approx. 26,000 tCO2e
9 wind turbines
Providing electricity for around 65,000 households
Estimated production 152 GWh per year
Completed Q3/2024
The Taaleri SolarWind II fund has, together with Atsinaujinančios Energetikos Investicijos, invested in a wind farm in Lithuania with a capacity of 70 MW.
Jonava is a construction phase wind farm, located in the county of Kaunas in Lithuania. It consists of 13 wind turbines and has an estimated annual electricity production of 240 GWh. The wind farm will provide electricity for around 103,000 households and will enable emission reductions approximately 41,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
70 MW installed capacity
Emission reductions approx. 41,000 tCO2e
13 wind turbines
Providing electricity for around 103,000 households
Estimated production 240 GWh per year
Estimated completion Q2/2024
The Taaleri SolarWind II fund has, together with Atsinaujinančios Energetikos Investicijos, invested in a wind farm in Lithuania with a capacity of 66 MW.
Rokiškis is a construction phase wind farm, located in the county of Utena, Lithuania. The wind farm consists of 12 wind turbines and has an estimated annual electricity production of 168 GWh. The wind farm will provide electricity for approximately 73,000 households and will enable emission reductions approximately 29,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
66 MW installed capacity
Emission reductions approx. 29,000 tCO2e
12 wind turbines
Providing electricity for around 73,000 households
Estimated production 168 GWh per year
Estimated completion Q2/2024
The Taaleri SolarWind II fund has invested in a solar photovoltaic power plant in Southern Spain with a capacity of 50 MW.
Niebla is a solar plant, located in San Juan del Puerto in Andalusia, Spain. The solar plant has an estimated annual electricity production of 106 GWh. It will provide electricity for approximately 27,000 households will enable emission reductions approximately 35,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
50 MW installed capacity
Emission reductions approx. 35,000 tCO2e
92,500 solar panels
Providing electricity for around 27,000 households
Production 106 GWh per year
Completed Q4/2023
The Taaleri SolarWind II fund invested in a wind farm in northern Finland with a capacity of 126 MW.
Murtotuuli is a wind farm, located in Posio, Finland. The wind farm consists of 21 Vestas turbines and has an estimated annual electricity production of 335 GWh. The wind farm will provide electricity for approximately 22,000 households and will enable emission reductions approximately 70,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
126 MW installed capacity
Emission reductions approx. 70,000 tCO2e
21 wind turbines
Providing electricity for around 22,000 households
Production 335 GWh per year
Completed Q2/2023
The Taaleri SolarWind II fund invested in a wind farm in north-western Finland with a capacity of 126 MW.
Isoneva is a wind farm, located in Siikajoki, Finland. The wind farm consists of 21 Vestas turbines and has an estimated annual electricity production of 321 GWh. The wind farm will provide electricity for approximately 21,000 households and will enable emission reductions approximately 67,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
126 MW installed capacity
Emission reductions approx. 67,000 tCO2e
21 wind turbines
Providing electricity for around 21,000 households
Production 321 GWh per year
Completed Q1/2023
The Taaleri SolarWind II fund invested, together with Masdar, in two wind farms in Northern Poland.
Mlawa and Grajewo are two wind farms located in Mazowieckie and Podlaskie, Poland. With a total of 24 Vestas wind turbines, the wind farms have a combined installed capacity of 51.4 MW. The annual production of electricity is approximately 190 GWh, while the wind farm produces enough electricity to supply around 86,000 households and will enable emission reductions approximately 136,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
51 MW installed capacity
Emission reductions approx. 136,000 tCO2e
24 wind turbines
Providing electricity for around 86,000 households
Production 190 GWh per year
Completed Q4/2021
The Taaleri SolarWind II fund invested, together with AIP, Ilmarinen and Akuo Energy, in a wind farm in North America with a capacity of 336 MW.
Escalade is a wind farm, located in Texas, America. The wind farm consists of 65 Vestas turbines and has an estimated annual electricity production of 1,260 GWh. The wind farm will provide electricity for approximately 115,000 households and will enable emission reductions approximately 445,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
336 MW installed capacity
Emission reductions approx. 445,000 tCO2e
65 wind turbines
Providing electricity for around 115,000 households
Production 1,260 GWh per year
Completed Q2/2022
The Taaleri SolarWind II fund invested in a wind farm in western Norway with a capacity of 34 MW.
Haram is a wind farm, located in Ålesund, Norway. The wind farm consists of 8 Vestas turbines and has an estimated annual electricity production of 110 GWh. The wind farm will provide electricity for approximately 7,000 households and will enable emission reductions approximately 4,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
34 MW installed capacity
Emission reductions approx. 4,000 tCO2e
8 wind turbines
Providing electricity for around 7,000 households
Production 110 GWh per year
Completed Q4/2021
The Taaleri SolarWind II fund invested, together with fund co-investors, in a wind farm in north-western Finland with a capacity of 91 MW.
Oltava is a wind farm, located in Pyhäjoki, Finland. The wind farm consists of 19 Nordex turbines and has an estimated annual electricity production of 285 GWh. The wind farm will provide electricity for approximately 19,000 households and will enable emission reductions approximately 59,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
91 MW installed capacity
Emission reductions approx. 59,000 tCO2e
19 wind turbines
Providing electricity for around 19,000 households
Production 290 GWh per year
Completed Q2/2021
The Taaleri SolarWind I fund invested in a wind farm in Sweden with a capacity of 14.4 MW.
Målajord is located in the municipality of Växjö in Southern Sweden. The wind farm consists of three Nordex turbines and produces approximately 49 GWh of electricity per year. The wind farm provides electricity for approximately 5,000 households and enables emission reductions approximately 3,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
14 MW installed capacity
Emission reductions approx. 3,000 tCO2e
3 wind turbines
Providing electricity for around 5,000 households
Production 50 GWh per year
Completed Q3/2021
The Taaleri SolarWind I fund invested in a wind farm in Southern Sweden with a capacity of 23.4 MW.
Slageryd is an operational wind farm, located in Vetlanda municipality, Southern Sweden.The wind farm consists of six Nordex turbines and produces approximately 71 GWh of electricity per year and enables emission reductions approximately 3,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
23 MW installed capacity
Emission reductions approx. 3,000 tCO2e
6 wind turbines
Providing electricity for around 113,000 households
Production 71 GWh per year
Completed Q3/2020
The Taaleri SolarWind I fund has, together with Masdar, invested in a wind farm in Serbia with a capacity of 158 megawatts.
Cibuk I is a wind farm, located in Serbia. The wind farm consists of 57 GE turbines and has an annual electricity production of 409 GW. It provides electricity for approximately 76,000 households and enables emission reductions approximately 381,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
158 MW installed capacity
Emission reductions approx. 381,000 tCO2e
57 wind turbines
Providing electricity for around 76,000 households
Production 409 GWh per year
Completed Q3/2019
The Taaleri SolarWind I fund has, together with Masdar, invested in a solar photovoltaic power plant in in the Middle East with a capacity of 200 MW.
Baynouna is a solar plant, located in Jordan. The solar plant consists of 740,000 solar panels and has an estimated annual electricity production of 590 GWh. It provides electricity for approximately 151,000 households and enables emission reductions approximately 280,000 tonnes of carbon dioxide equivalent (tCO2e) during each year of operation.
200 MW installed capacity
Emission reductions approx. 280,000 tCO2e
740,000 solar panels
Providing electricity for around 151,000 households
Production 590 GWh per year
Completed Q4/2020
Kooninakallio wind farm is located c. 100 km North of Tampere and it consists of 9 wind turbines in total.
Kooninkallio has been operational since September 2016.
The wind farm is 100% owned by Wind II fund.
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Press release 19.3.2015 (in Finnish)
Kantti wind farm is located c. 100 km Northwest of Tampere and it consists of 8 wind turbines in total.
The construction work started in the summer of 2016 and the park was fully operational by the end of 2016.
The Wind II fund has 100 % ownership.
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Press release 19.11.2015 (in Finnish)
Pajukoski wind farm is located in Central Ostrobothnia, Western part of Finland
Construction work of Pajukoski wind farm started in Q4/2014 and was completed in October 2015
Total capacity of wind farm is 29,7 MW and wind farm consist of total 9 turbines.The wind farm is 100 % owned by Taaleri Wind II fund.
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Press release 25.8.2014 (in Finnish)
Kytölä wind farm is located in Northwest part of Finland in Alavieska, 15 km from the sea.
Construction work of Kytölä wind farm started in 2014 and was completed in December 2015.
Total capacity of wind farm is 19,8 MW and consists of 6 turbines.
The wind farm is 100 % owned by Taaleri Wind II fund.
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Limakko wind farm is located in Central Ostrobothnia, Western part of Finland.
The construction work started in the summer of 2016 and the park was fully operational by the end of 2016.
The Wind II fund has 100 % ownership
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Kivivaara-Peuravaara wind farm is located 160 km east of Oulu and consists of 30 wind turbines in total.
Kivivaara-Peuravaara was aquired in 2015 from Metsähallitus, a forestry company owned by the Finnish government. The projcect was constructed in three phases during 2016 and 2017 and the wind farm was fully operational by the end of 2017.
The Kivivaara-Peuravaara wind farm is 80% owned by the Taaleri Tuulitehdas II and Taaleri Tuulitehdas III funds and 20% owned by Loiste Energia Oy, a Finnish energy company.
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Press release 26.9.2014 (Finnish)
Press release 9.3.2016 (Finnish)
Press release 27.6.2016 (Finnish)