B Capital Partners has closed a transaction with Finnish developer Puhuri and co-invested in the 87-megawatt Kaukanen and Keso wind farms in Finland.
B Capital will acquire a 34.1 percent stake in the Finnish wind farms, which are located 500 kilometers (311 miles) north of Helsinki. They will provide enough output to provide carbon-free energy to about 20,000 Finnish households.
“We are proud to have become a new co-investor alongside Puhuri to the newly commissioned wind parks Kaukanen and Keso,” said Barbara Weber, founder of B Capital. “We are looking forward to enjoying a long-term relationship in managing these wind farms together with Puhuri.”
B Capital has made several investments in battery assets in Germany and a hydropower run-of-river plant in Switzerland during the past six months. With this latest acquisition, B Capital reiterates its commitment to remain an active investor in the energy transition in the Scandinavian market.