Taaleri Wind Power Fund IV Ky is an alternative fund managed by Taaleri Private Equity Funds Ltd. The targeted size of the fund’s equity is €100 million.
The fund invests its assets in industrial-scale Finnish wind power projects. The intention is to make the investments in domestic projects in the construction phase, but the fund may also invest in plants already in production. The investments are made using both equity and debt financing.
The fund invests only in Finnish projects provided by Taaleri SolarWind II fund and on the same terms and conditions as Taaleri SolarWind II. Such projects include the 19 wind turbines project in Oltava producing approximately 90 MW and the 20 wind turbine project in Posio producing approximately 100 MW. The fund has also identified other potential investment targets.
This financial product is labelled as an Article 9 product according to EU SFDR regulation (2019/2088) and has an objective of making sustainable investments. The “do no significant harm” principle applies to all investments underlying the financial product, as they take into account the EU criteria for environmentally sustainable economic activities.
Taaleri Principal Adverse Impacts Statement
Renewable energy – a combination of economic and climatic targets
Energy production plays a key role in the fight against climate change. By switching to emission-free energy production alternatives, we can significantly reduce the carbon dioxide emissions caused by energy production.
The most significant growth opportunities are, for example, in wind power, which is both a renewable and emission-free energy production alternative. In many countries, the production of renewable energy is economically profitable even without state tariff systems. In Finland too, wind power is a competitive alternative on the market in comparison to other forms of energy, as production technologies have developed while production costs have been falling.
Taaleri’s profound expertise in the sector
This is Taaleri’s sixth private equity fund investing in renewable energy and the fourth investing in Finnish wind power. Taaleri’s first wind power fund was launched in Finland in 2010.
Taaleri has expertise in managing energy infrastructure projects throughout their life cycle. By participating in project identification, development, construction, financing, operation and decommissioning, Taaleri distinguishes itself from other, purely financial actors.