Enefit Green to divest Finnish wind farm to TD Greystone Infrastructure Fund

Core Insights - Enefit Green has agreed to divest its Tolpanvaara wind farm in Finland to TD Greystone Infrastructure Fund for nearly €83 million ($96.39 million) as part of a strategy to focus on the Polish and Baltic markets [1][2] - The Tolpanvaara wind farm has an installed capacity of 76MW and a grid export capacity of 72MW, consisting of 13 Nordex turbines expected to produce approximately 250GWh of renewable electricity annually [2][3] - The transaction involved advisory services from Arctic Securities for Enefit Green and KPMG Canada, KPMG Luxembourg, and Loyens & Loeff for TD Greystone Infrastructure Fund [3][4] Company Strategies - Enefit Green's management has decided to divest its only wind farm in Finland due to a lack of plans for expansion in the Finnish market [2] - TD Greystone Infrastructure Fund aims to strengthen its long-term presence in Finland through this acquisition, which complements its Nordic portfolio [3] Market Context - The acquisition reflects a trend of infrastructure investment in renewable energy across Northern Europe, with TD Greystone Infrastructure Fund being a long-term investor in this sector [3][4]