News/27 Nov 2014

Borenius Advised Taaleritehdas in Forming a New Type of Windpower Fund

We advised Taaleritehtaan Pääomarahastot Oy, an alternative investment fund manager, when it set up a new fund investing in windpower projects.

What makes the fund exceptional is a feeder fund structure which enables also retail investors to invest in investment opportunities typically available only to institutional investors. Subject to a minimum investment of €10,000, any investor may invest in windpower projects by subscribing profit-participating loans issued by the feeder fund. The feeder fund will become one of the investors in the master windpower fund, Taaleritehtaan Tuulitehdas II Ky.

The maximum loan amount is €30 million whereas the master fund targets to raise €70-90 million in total. With leverage, subject to a maximum of 80%, the investment capacity of the fund will be more than that.

Borenius team comprised of Paulus Hidén, Elina Toivakainen and Ville Alahuhta.

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