Luhanka Wind Farm – Finland’s First Wind Power Project Implemented Using Project Financing

Castrén & Snellman acted as the legal advisor to LBBW Landesbank
Baden-Württemberg in Finland’s first wind power project implemented using
project financing. LBBW was the senior lender in the project. The wind farm is
already constructed in Luhanka and consists of six Vestas V112-3.0 MW wind
turbines with tower heights of 140 meters. Project Luhanka was developed by
Ilmatar Windpower Plc who will stay in the project with a minority stake. The
main owner of the wind farm is a fund advised by SUSI Partners AG.