26.09.2022
TAALERI ENERGIA PRESS RELEASE 26 SEPTEMBER 2022 AT 13:00 (EEST)
Taaleri Energia completes a EUR 205 million refinancing of Čibuk, a 158 MW Serbian onshore wind farm
Taaleri Energia has successfully completed a EUR 205 million refinancingof Čibuk, a 158 MW onshore wind farm in Serbia, together with UniCredit, Credit Suisse, Eurobank and OTP Bank. The wind farm is owned by the Taaleri SolarWind I Fund and its co-investors, Finnfund, Masdar and DEG, the German development finance institution.
Kai Rintala, Taaleri Energia’s Managing Director, said: “We are delighted with the outcome of this refinancing which hassignificantly enhanced returns for our investors.”
With 57 GE turbines, Čibuk is the largest wind farm in Serbia and produces enough electricity to supply around 87 000 households and offsetsthe equivalent of around 380 000 tonnes of carbon dioxide during each year of operation.
About Taaleri Energia
Taaleri Energia is a renewable energy developer and fund manager. With 44 professionals, Taaleri Energia has one of the largest dedicated wind and solar investment teams in Europe. The team is currently investing its fifth renewable energy fund, the Taaleri SolarWind II fund, and has a 2.8 GW wind and solar portfolio in Europe, the US, and the Middle East.
Taaleri Energia is ranked by Preqin as one of the most consistent top performing infrastructure fund managers. Taaleri Energia is part of the Taaleri Group, which is listed on the Nasdaq Helsinki stock exchange.
For more information, please contact:
Kai Rintala, Managing Director, Taaleri Energia, +358 40 162 5711, kai.rintala@taaleri.com
Stephen Ross, Head of Investor Relations, Taaleri Energia, +358 40 7337789, stephen.ross@taaleri.com