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NTR – Acquisition of onshore wind portfolio in Sweden and Finland

NTR Renewable Energy Income Fund II has acquired more than 200MW of operational and pre-construction onshore wind projects in Sweden and Finland. The NTR fund has also bought a 108MW development cluster of projects called Norra-Vedbo in southern Sweden, which it plans to bring online in 2021. The total investment cost for the portfolio is expected to be over EUR 180m and NTR plans to raise third-party debt.