Nirou advises on recently announced Amazon PPA for the Saena wind farm portfolio in SE3 Sweden

Nirou (former Newsec Energy Transition) proudly supported Eolus as sole financial adviser on the sale of the newly operational Fågelås, Dållebo and Boarp wind farms in SE3 Sweden to Mirova. The transaction was referred to as the Saena portfolio. As part of its mandate, Nirou sourced and supported in structuring a long-term power purchase agreement with Amazon. This has now been announced as one of two such agreements entered into by Amazon for supporting the electricity demands of their AI datacenters.

This is the second such power purchase agreement that Nirou has facilitated with Amazon as part of its financial advisory in conjunction with commercialization of renewable energy generation in the Nordics.

Omid Ashrafi, Founding Partner at Nirou commented:

We are proud to have had the opportunity of working with Eolus, Mirova and Amazon on structuring of this PPA as part of our sell-side mandate for Eolus. Such commercial structuring enables the build-out of renewable energy generation by enabling access to long term suitable equity and debt capital and access to clean power for this rapidly growing industry.