Ardian Clean Energy Evergreen Fund expands Nordics portfolio

Ardian Clean Energy Evergreen Fund (ACEEF) has acquired the 62MW Furukraft wind farm in Sweden from ERG, marking an expansion of its renewable energy portfolio in the Nordics. This acquisition aligns with ACEEF's strategy of investing in long-term, sustainable energy infrastructure assets. The Furukraft wind farm, an operating asset, benefits from favorable market conditions, including attractive pricing and increasing demand for renewable energy in the region. The involvement of Enordic Evergreen as a developer suggests a focus on projects with strong regional expertise and a commitment to sustainable development. The deal is notable for involving key players in the renewable energy and infrastructure investment space, including Ardian, ERG, and Enordic Evergreen. The transaction underscores the continued interest in onshore wind assets in Europe, particularly in regions with stable regulatory frameworks and strong renewable energy targets. The advisory roles played by firms like ICECAPITAL, AFRY, Grant Thornton, and Sweco further highlight the complexity and due diligence involved in such infrastructure investments. The acquisition is expected to contribute to ACEEF's long-term value creation strategy and support the growth of renewable energy capacity in the Nordic region.