Taaleri Solar Wind is the first equity fund in Finland to invest internationally in renewable energy. The focus of the fund’s investments is on solar energy and wind power. When you hold Solar Wind units, you can combine your financial goals and the benefits of renewable energy.
Establishment of the Solar Wind Fund is Taaleri’s answer to the radical change of global energy markets.
Solar Wind is the first capital fund in Finland to invest internationally in renewable energy. The fund allows you to combine the financial goals of investments and the benefits of renewable energy in attaining the goals of the Paris climate agreement. The fund is also the solution from the point of sustainable development – an opportunity to reduce the carbon footprint.
Solar Wind seeks a long-term, steady and predictable return on the invested capital. The fund invests in projects under construction and in plants already in production, primarily those producing solar energy and wind power. The investment objects of Solar Wind Fund may be located in the EU, the OECD, Eastern Europe, India, Sub-Saharan Africa, the Middle East or Turkey.
The fund is closed and no longer accepts new investors.
Main target areas of Solar Wind
The Paris Climate Change Conference held in November–December 2015 will most probably be remembered as a key event in slowing down climate change. An agreement was concluded in Paris on curbing carbon dioxide emissions so that global warming would be limited to 1.5 degrees compared to the pre-industrial era. This can be considered the strongest possible international expression of will to limit carbon dioxide emissions.
In parallel with reaching the political consensus, the technology for producing emission-free energy has been advancing in quantum leaps. The fact that renewable energy has become competitive when compared with conventional forms of energy production will for its part allow adherence to the commitments of the Paris agreement. That is why the production capacity of both solar and wind power is expected to grow phenomenally by the end of 2020. India, for example, has set a target to build 100 GW of new solar energy production capacity by the end of 2022.
Hence, the breakthrough of renewable energy provides the Taaleri Group and its customers with a significant commercial opportunity.
Taaleri’s wind power projects have been a tremendous success, and the company is one of the pioneers in this field in Finland. The success of Taaleri's capital funds is based on strong financial and technical expertise at all stages of the development project, including the operation of completed wind farms. This sets Taaleri apart from other purely financial actors.
Furthermore, Taaleri has special expertise in international solar energy projects, both in developed economies and, particularly, in developing economies. Taaleri is working actively in international energy markets, seeking attractive investments in renewable energy for its customers.
Taaleri works in close cooperation with its professional and international partner network. Its partner network includes project developers, equipment suppliers, energy companies and capital investors. Taaleri has selected partners who supplement its strengths and share its principles regarding creation of value through in-depth financial and technical expertise.
In connection with international renewable energy projects, Taaleri has concluded the first cooperation agreements with Wärtsilä and ABB. Cooperation with Wärtsilä is closely connected with the growth of Wärtsilä’s solar and hybrid production business. Wärtsilä has experience in the turnkey deliveries of energy plants in more than 170 countries. ABB is one of the world’s leading suppliers of equipment and partial solutions for solar energy production plants. Solar energy is a strongly growing business for ABB, conducted from Pitäjänmäki, Helsinki.