Augusta supports EIP with minority sale of their 474MW wind farm in Sweden

Augusta & Co is delighted to have acted as exclusive financial adviser to Energy Infrastructure Partners (“EIP”) on the sale of a minority stake in the 474MW Nysäter onshore wind farm in northern Sweden.

AG Insurance, Belgium’s largest insurance company, has acquired a significant minority stake in Nysäter, a landmark transaction representing its first direct equity investment in an onshore wind project. EIP will remain the majority shareholder for the duration of the asset’s life, in line with its long-term investment strategy.

Nysäter is one of the largest onshore wind farms in Europe and has been fully operational since June 2022. The asset is underpinned by a market-leading pay-as-produced PPA and benefits from a long-term management agreement with RWE, who remain a 20% shareholder.

Shyam Sankar, Managing Director at Augusta, commented: “We are thrilled to have worked with EIP on this strategically important transaction. Together, we successfully positioned the opportunity to attract new capital to the market under a long-term partnership. The transaction represents an excellent result for all parties, and we wish EIP and AG Insurance a successful partnership for the years ahead.”

Shyam Sankar
Harry Gibson