Taaleri SolarWind III Fund Makes EUR-430m Second Close

Jan 2, 2024 03:50 PM ET
  • Taaleri Energia has achieved a second closing of its 6th renewable energy fund, securing EUR 430m for a total of 5.9GW in power generation capacity from onshore wind, solar and battery storage projects across 50 sites. EBRD, EIF & more have contributed to this exciting initiative!
Taaleri SolarWind III Fund Makes EUR-430m Second Close

Taaleri Energia, a Helsinki-based renewables developer and fund manager, has achieved a second closing of its sixth renewable energy fund, Taaleri SolarWind III Fund, securing EUR 430 million (USD 476.4m). The fund has a maximum size of EUR 900 million and is open to new commitments until December 2024. It has a portfolio of 61 schemes totalling 5.9 GW in power generation capacity, including 50 onshore wind, solar and battery storage projects. Investors include EBRD, the European Investment Fund, KBC Verzekeringen, Varma Mutual Pension Insurance Company, Taaleri and the Taaleri Energia team.

What Is the Status of Taaleri SolarWind III Fund?

  • The Taaleri SolarWind III Fund has achieved two closings, with the second closing reaching EUR 430 million.
  • Taaleri Energia, the fund’s manager, is based in Helsinki, Finland.
  • The fund is open to new commitments until December 2024 and has a maximum size of EUR 900 million.
  • Its portfolio is comprised of 61 schemes, with a total of 5.9 GW in power generation capacity.
  • Of the 61 schemes, 50 are onshore wind, solar and battery storage projects.
  • Investors include the European Bank for Reconstruction and Development (EBRD), the European Investment Fund, KBC Verzekeringen, Varma Mutual Pension Insurance Company, Taaleri, and the Taaleri Energia team.

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