Leading renewable energy and infrastructure consultancy, Natural Power, has completed due diligence on behalf of GE Energy Financial Services (GE EFS) and Green Investment Group Limited (Green Investment Group), part of Macquarie Group (Macquarie) for the acquisition of the 650-MW Markbygden ETT onshore wind farm in Northern Sweden, which reached financial close on 7th November 2017.
Neil Marshall, Due Diligence Project Manager at Natural Power, said:
Giles Dearden, Director of Global Due Diligence at Natural Power, said:
GE EFS and the Green Investment Group formally partnered to acquire the project from Swedish firm Svevind, which has been developing the scheme since 2002.
In support of the transaction, Natural Power provided extensive due diligence services including a review of contracts, project construction schedule, work in progress, site design, planning consents including environmental restrictions, and the project financial model.
As Markbygden moves forward, Natural Power will provide construction and operations monitoring – reviewing progress on the project based on the owner
For more information about the deal, please visit http://greeninvestmentgroup.com/news-and-insights/2017/ge-and-green-investment-group-to-deliver-650-mw-of-onshore-wind-to-sweden/
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