Vauban Infrastructure Partners announces the closing for the acquisition of a portfolio of three windfarms in the Nordics
Vauban Infrastructure Partners (“Vauban”), an affiliate of Natixis Investment Managers, announces the closing of the acquisition of 100% of Nordic Renewable Power Holding (“NRPH AB”) from Green Investment Group.
NRPH AB is a portfolio of three windfarms located across the Nordics. The three windfarms, totaling 40 wind turbines for an aggregated capacity of c. 170MW, are fully operational. The supply of wind turbines was conducted by the top-notch players Siemens Gamesa Renewable Energy & Vestas.
The portfolio is backed by a solid contractual framework with long term operating contracts with the same leading WTG players, long term offtake agreements with high creditworthiness counterparties. The windfarms are very well located, in the NO2 and SE3 Nord Pool zones which are considered favorable from a price and electricity demand standpoint.
NRPH AB is a strong addition to Vauban’s portfolio which further increases the Vauban’s commitment towards energy transition as well as its footprint in the Nordics. In addition, the transaction presents several key characteristics that make it an attractive investment – it fits in Vauban’s strategy as it is a core asset, located in a stable and AAA rated geography with high cash flow visibility over a very long term, and has a very strong ESG thesis in line with the team’s objectives as it increases the share of renewable energy in the global energy mix and contributes to provide sustainable energy solutions to local communities and industrial players.
Sam Zhang, Investment Director at Vauban Infrastructure Partners says: “Vauban, through this transaction, expands its footprint in the Nordics and allows to further strengthen its expertise in the energy transition sector. This transaction shows evidence of Vauban’s ability to identify and assess high quality core assets and its commitment toward its environmental responsibilities as long-term investor.“
Marine Meiller, Vice President at Vauban Infrastructure Partners, adds: “We are very pleased to complete this acquisition and contribute to European energy transition targets through this investment in one of the most attractive markets for renewable energy. Alongside key operating partners and with the support of local communities we will be highly committed to secure long-term value for all the stakeholders.“
For Further Reading:
About Vauban Infrastructure Partners
Vauban Infrastructure Partners is a leading Infrastructure Asset Manager focused on core infrastructure investments. Headquartered in Paris, the Company employs over 65 professionals, the majority of whom have been working together for over a decade.
Vauban targets predominantly European brownfield mid-market assets, and pursues a long-term, yield-driven strategy that matches the underlying nature of the assets & the long-term commitment to all stakeholders’ interests through a strong focus on creating sustainable value. Vauban has raised c.€7.2 billion in core infrastructure from over c.100 investors from 17 different countries and has invested in over 70 assets in the mobility, energy transition, social infrastructure, and digital infrastructure sectors across 13 different geographies.
https://vauban-ip.com/en/
Vauban Infrastructure Partners
Affiliate of Natixis Investment Managers
Société en Commandite par Actions – Limited Partnership by shares
Share capital : €10 076 680.20
Regulated by the Autorité des Marchés Financiers (AMF) under n° GP – 19000044
RCS Paris 833 488 778
115 Rue Montmartre 75002 Paris
www.vauban-ip.com
Natixis Investment Managers
RCS Paris 453 952 681
Share Capital: €178 251 690
43 avenue Pierre Mendès France
75013 Paris
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2022 Natixis Investment Managers S.A. – All rights reserved
NRPH AB is a portfolio of three windfarms located across the Nordics. The three windfarms, totaling 40 wind turbines for an aggregated capacity of c. 170MW, are fully operational. The supply of wind turbines was conducted by the top-notch players Siemens Gamesa Renewable Energy & Vestas.
The portfolio is backed by a solid contractual framework with long term operating contracts with the same leading WTG players, long term offtake agreements with high creditworthiness counterparties. The windfarms are very well located, in the NO2 and SE3 Nord Pool zones which are considered favorable from a price and electricity demand standpoint.
NRPH AB is a strong addition to Vauban’s portfolio which further increases the Vauban’s commitment towards energy transition as well as its footprint in the Nordics. In addition, the transaction presents several key characteristics that make it an attractive investment – it fits in Vauban’s strategy as it is a core asset, located in a stable and AAA rated geography with high cash flow visibility over a very long term, and has a very strong ESG thesis in line with the team’s objectives as it increases the share of renewable energy in the global energy mix and contributes to provide sustainable energy solutions to local communities and industrial players.
Sam Zhang, Investment Director at Vauban Infrastructure Partners says: “Vauban, through this transaction, expands its footprint in the Nordics and allows to further strengthen its expertise in the energy transition sector. This transaction shows evidence of Vauban’s ability to identify and assess high quality core assets and its commitment toward its environmental responsibilities as long-term investor.“
Marine Meiller, Vice President at Vauban Infrastructure Partners, adds: “We are very pleased to complete this acquisition and contribute to European energy transition targets through this investment in one of the most attractive markets for renewable energy. Alongside key operating partners and with the support of local communities we will be highly committed to secure long-term value for all the stakeholders.“
For Further Reading:
- Vauban and Carbone 4 announce their common initiative to develop a pioneering methodology for analysing physical risks of infrastructure assets in North America
- Vauban Infrastructure Partners Further Reinforces its ESG Set-Up to Enhance its Leadership in Sustainability Investments
Vauban Infrastructure Partners is a leading Infrastructure Asset Manager focused on core infrastructure investments. Headquartered in Paris, the Company employs over 65 professionals, the majority of whom have been working together for over a decade.
Vauban targets predominantly European brownfield mid-market assets, and pursues a long-term, yield-driven strategy that matches the underlying nature of the assets & the long-term commitment to all stakeholders’ interests through a strong focus on creating sustainable value. Vauban has raised c.€7.2 billion in core infrastructure from over c.100 investors from 17 different countries and has invested in over 70 assets in the mobility, energy transition, social infrastructure, and digital infrastructure sectors across 13 different geographies.
https://vauban-ip.com/en/
Vauban Infrastructure Partners
Affiliate of Natixis Investment Managers
Société en Commandite par Actions – Limited Partnership by shares
Share capital : €10 076 680.20
Regulated by the Autorité des Marchés Financiers (AMF) under n° GP – 19000044
RCS Paris 833 488 778
115 Rue Montmartre 75002 Paris
www.vauban-ip.com
Natixis Investment Managers
RCS Paris 453 952 681
Share Capital: €178 251 690
43 avenue Pierre Mendès France
75013 Paris
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2022 Natixis Investment Managers S.A. – All rights reserved