Newsec Energy Transition advises Eolus on the sale of the 88 MW Saena Wind Farm portfolio to Mirova

Newsec Energy Transition is proud to have acted as sole financial advisor to Eolus on the successful divestment of Fågelås, Dållebo and Boarp wind farms in SE3 Sweden to Mirova.

In conjunction with the sale to Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investment, Eolus and Mirova have entered into a 15-year asset management agreement. Eolus and Mirova have also agreed to jointly develop battery energy storage systems at each of the sites.

As part of its mandate, Newsec supported Eolus in sourcing and structuring a 15‑year Power Purchase Agreement, providing long‑term revenue certainty and enabling a competitive and efficient transaction process.

Omid Ashrafi, Managing Partner at Newsec Energy Transition commented:

We are happy for the opportunity to support Eolus on the second transaction this year, following the 147 MW Pienava wind farm in Latvia. The transaction also marks our third successful transaction with Mirova. The Saena portfolio combines successful development, construction and commercial structuring.