Elron’s customers are power companies and utilities, public sector entities as well as companies engaged in infrastructure-related businesses or having assets of infrastructural nature. Our team references provide a good picture of the wide international experience of Elron professionals in the areas of M&A, project development and finance. As all the partners have a long professional career also within industrial sector we understand the customer view in projects and transactions.
Acquisition and debt financing of Niinimäki wind farm from OX2, 145 MW
Acquisition and debt financing of Karahka wind farm from VSB, 170 MW.
Acquisition and debt financing of Kalistanneva wind farm from Valorem, 165 MW
Acquisition of capacity in Olkiluoto 3 from Rovakaira
Acquisition and debt financing of Finland largest RtB wind farm in Lestijärvi, from OX2, approx. 650 MEUR
Acqusiyion of Auroran Lämpö Oy from Napapiirin Energia ja Vesi Oy.
Purchase of Enontekiön Sähkö Oy from municipality of Enontekiö.
Finacial advisor to Ålandsbanken Vindkraft Specialplaceringsfond when acquiring the Murtomäki wind development as well as procuring debt financing.
Commercial advisor to Ardian funds in the purchase of Nevel Oy.
Advising two regional power companies in relation to a planned merger and preparation of valuations and financial projections for consolidated businesses.
Sale of district heating business in Ii to Vapo Lämpövoima Ky.
Purchase of 10% stake in Hafslund Produksjon Holding AS by Svartisen Holding AS (appr. EUR 160 million)
Sale of 110MW onshore wind portfolio in Finland. Co-advisor for the seller.
Purchase of Karhu Voima. Karhu Voima operates an industrial electricity network and sells natural gas as well as industrial network services.
Purchase of Statkraft Suomi Oy (appr. EUR 250 million).
Purchase of Pato Osakeyhtiö (41 MW hydro portfolio).
Refinancing of the Kolsin hydro power plant (c. EUR 200 million)
Refinancing of the Voimapato hydro power plant (c. EUR 100 million).
Sourcing of debt financing for the Siikajoki wind farm (c. EUR 300 million)
Sourcing of debt financing for the Oosinselkä wind farm.
Lease arrangement related to the distribution network with SEB
Procurement of debt for distribution network investments and refinancing of existing debts. (EUR 64 million)
Sourcing of debt financing for the Alajoki-Peuralinna wind farm, 84 MW.
Svartisen Holding AS
Corporate debt refinancing. (EUR 226 million)
Procurement of EUR 96 million project senior debt for the construction of the WtE power plant.
Purchase of Jokelan Tuulipuisto Oy wind farm from wpd europe GmbH.
Procurement of senior debt for the construction of a new CHP Power Plant (c. EUR 200 million).
Running of tender process for debt funding for Tahkoluoto offshore wind farm. Project feasibility analysis for lenders.
Running of tender process for debt funding for Nikkarinkaarto onshore wind farm. Project feasibility analysis for lenders.
Procurement of senior debt (frame CTA) on limited recourse basis for the construction of a wind farm fleet in Finland. (EUR 370 million)
Project Development and Infrastructure
Raisio, Kaarina and Naantali
Strategy work for district heating business in each of the cities. The DH networks are owned by the cities, but the business is currently outsourced to Turun Energia.
Project Development of the Waste incineration plant. Contractual and commercial structuring.
Strategic analysis of the energy business.
Developing and implementing the commercial concept for an on-site off balance sheet power plant to Raahe steel mill.
Procurement of EUR 92 million project senior debt for the construction of the WtE power plant.
Want to hear more?