AMF acquires 49% of the Vattenfall Ormonde Offshore Wind Farm (UK) for £237 million with Infranode as its lead advisor
PRESS RELEASE
Stockholm, 18th of December 2015
Swedish pension insurance company AMF Pensionsförsäkring has purchased a 49% stake in the 150MW Ormonde Offshore Wind Farm (UK) from Swedish State owned utility Vattenfall for GBP 237 million (approximately SEK 3 billion). Ormonde has been operational since 2012 and will continue to be operated by Vattenfall going forward.
Link to Vattenfall’s Press Release
“We are very pleased with the professional support from Infranode that has been essential for us to fulfil this strategic investment into green infrastructure.” says Marcus Blomberg, Head of Asset Allocation at AMF.
Infranode was retained as financial advisor and led the advisors team on the transaction on behalf of AMF. Infranode is pleased to again assist AMF in their effort to expand their infrastructure allocation and to continue its activity as an infrastructure sector investment partner and a specialist advisor to Nordic institutional investors.
For further information contact:
Christian Doglia
christian(at)infranode.se
+46 73 320 7487
Philip Ajina
philip(at)infranode.se
+46 70 755 99 78
