Krogerus advises Low Carbon on its acquisition of the Mörknässkogen wind farm

Krogerus advised Low Carbon on its acquisition of the Mörknässkogen wind farm on the west coast of Finland. Kommunalkredit Austria AG provides EUR 5.6m warehouse facility for the project, and it has also been mandated for the project’s EUR 19m construction bridge financing. With an expected capacity of 30MW from 5 wind turbines, the project forms part of Low Carbon’s exclusive renewables pipeline of more than 120MW currently being developed in Finland.

Construction of the wind farm is expected to start in early 2022 and when completed, the wind farm will have a production capacity of approximately 100GWh per annum, capable of powering in excess of 30,600 homes and avoiding more than 24,700 tonnes of CO2.

Krogerus team was led by Partner Sami Laine, and he was primarily assisted by Associates Linda Härkönen and Sonja Sivén.