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EY advised VALOREM in divestment of Finnish onshore wind farm Kalistanneva
09 Feb 2022
On 3 February 2022 it was announced that VALOREM divested a Finnish wind farm Kalistanneva located in Kurikka with capacity of 165 MW to Helen and Bank of Åland.
The construction is expected to start in April 2022 and the wind farm is expected to be fully operational in January 2025.
EY supported VALOREM throughout the transaction process in various tax matters such as vendor due diligence, structuring and modelling.
Contact details for more information:
Kalle Koskinen
International Tax and Transaction Services, Partner
+358 40 713 3703
Oscar Järvinen
International Tax and Transaction Services, Senior Manager
+358 40 504 3438
Summary
EY acted as the tax advisor to VALOREM in their divestment of a Finnish onshore wind farm Kalistanneva.