Krogerus advised AIP Management on the financing of four onshore wind farm projects in Lithuania with a total nominal capacity of 186MW

Krogerus advised the Danish investment manager AIP Management on the financing of the four wind farm projects Anykščiai, Jonava I, Jonava II and Rokiškis located in Lithuania with a total capacity of 186MW.

The wind projects have been acquired by Taaleri Energia through its fund Taaleri SolarWind II, together with an investment company managed by Lords LB Asset Management, a leading investment management firm in the Baltics. Project financing is provided by AIP Infrastructure II. All wind farms are expected to be fully operational in 2022/2023.

The Krogerus transaction team was led by Partner Päivi Toivari and she was assisted by Counsel Christian Wiegand and Associate Valtteri Ylä-Rautio.