German pension fund invests in Ränsliden wind park
A German pension fund advised by the asset manager Prime Capital AG has acquired the Ränsliden wind park in the municipality of Mellerud, Sweden, from the Norwegian developer Scanergy. The wind park comprises seven Siemens SWT-3.3/3.6-130 turbines, with a hub height of 135 meters. The wind park will supply energy equivalent of the yearly consumption of 5,000 households.
Prime Capital is an independent financial services provider and asset management firm, focusing on institutional clients. The company specializes in Alternative Investments, in particular in Absolute Return, Infrastructure Investments and Private Debt. Prime Capital was founded in 2006 and has offices in Frankfurt, London and Luxembourg. Prime Capital has around EUR 5.1 billion worth of assets under management.
Prime Capital was advised by Mannheimer Swartling in the transaction.