KGAL Investment Management and Access Capital Partners have jointly sold the Finnish wind farm Honkajoki to the Ardian Clean Energy Evergreen Fund. Located in western Finland, the wind farm comprises nine wind turbines with a total installed capacity of 21.6 megawatts, and has been in operation since 2013. The asset was part of a renewable energy fund managed by KGAL.

From project development to divestment, KGAL creates added value for its investors by focusing on active asset management throughout the lifecycle of its wind and solar farms. KGAL's asset managers were also able to achieve above-average returns by implementing optimisation measures during the operation of the Honkajoki wind farm.

“Now, we have successfully completed the divestment of Honkajaki together with Access Capital Partners in an environment of rising interest rates and high volatility in electricity markets. This is further proof of our expertise as an asset manager along the entire value chain,” said Michael Ebner, Managing Director of KGAL Investment Management. “With this transaction, we underline our goal of offering investors sustainable fund solutions with attractive returns, regardless of temporary market fluctuations.”