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Ilmatar secures €500m for Nordics expansion

Richard Heap
November 14, 2023

Finnish independent power producer Ilmatar has secured a €500m debt package to support its expansion in the Nordics renewables market.

The funding was led by Copenhagen Infrastructure Partners through its Green Credit Fund 1, with participation from investors including Kommunal Landspensjonskasse and P Capital Partners. The package includes a day one tranche of €325m and an uncommitted increase option of €175m.

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