DLA Piper advises Ireland's NTR on acquisition of 200mw wind portfolio in Sweden and Finland

DLA Piper has advised Irish renewable energy investment firm NTR on its acquisition of a portfolio of just over 200MW of operational and pre-construction onshore wind projects in Sweden and Finland.

NTR acquired the portfolio projects, called Vindin, from a consortium of nine Swedish industrial companies through its NTR Renewable Energy Income Fund II. The total capital investment, including the build-out of the development cluster, is expected to be in excess of €180 million.

The DLA Piper team in Helsinki was led by Real Estate partner Antti Niemi and Finance & Projects partner Hans Sundblad. Corporate senior associate Josefin Strömberg and associate Ida-Sofia Antinluoma also advised on the deal.

Stockholm-based partner and Head of Finance and Projects in Sweden, Björn Sjöberg, and Global Co-Chair of Energy and Natural Resources, Natasha Luther-Jones, also advised on the deal.

Natasha Luther-Jones said: "As the only international law firm with offices across the Nordic region, this transaction is another great example of our market leading work in the renewable energy sector and is testimony to DLA Piper's ability to effectively manage and advice on cross-border transactions around the