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Finland-based IPP Ilmatar Energy has raised EUR 144.5m in group level debt to help accelerate its growth plans.
VSB Group has agreed the sale of a 190MW Finnish onshore wind portfolio to regional utility Helen.
Ilmatar Energy has confirmed it has lined up AIP Management as its debt provider for a 131.8MW onshore wind portfolio in Finland.
Ilmatar Energy has placed a turbine order with Vestas for a 135MW onshore wind portfolio in Finland, while it is also believed to be in the process of raising debt for the assets.