MAQS advises TD Greystone Infrastructure Fund and Rabbalshede Kraft on EUR 83 million wind farm acquisition

TD Greystone Infrastructure Fund has acquired the Tolpanvaara wind farm in Finland from Enefit Green. The transaction value is approximately EUR 83 million. Rabbalshede Kraft AB will be managing Tolpanvaara on behalf of TD Greystone Infrastructure Fund.

The Tolpanvaara onshore wind farm, with an installed capacity of 76 MW and a grid export capacity of 72 MW, is located approximately 30 kilometers from Pudasjärvi on state-owned land managed by Metsähallitus. The project comprises 13 modern Nordex turbines, capable of generating nearly 250 GWh of renewable electricity annually. 

- This acquisition complements our Nordic portfolio and strengthens our long-term presence in Finland. We look forward to further developing the projects in close dialogue with local communities, partners, and landowners, says Peter Wesslau, CEO of Rabbalshede Kraft.

Rabbalshede Kraft AB is a renewable energy company primarily focused on developing, constructing, and operating renewable energy projects. TD Greystone Infrastructure Fund is managed by TD Asset Management, a leading Canadian institutional asset manager. The fund is a long-term infrastructure investor with a strong renewable energy footprint across Northern Europe.

MAQS Advokatbyrå acted as lead legal advisor and Lieke Attorneys acted as local legal advisors in the transaction. MAQS’ team consisted of Mikael Kowal and Ida Hillestad.