DLA Piper has advised Irish renewable energy investment firm NTR on its acquisition of a portfolio of just over 200MW of operational and pre-construction onshore wind projects in Sweden and Finland.

NTR acquired the portfolio projects, called Vindin, from a consortium of nine Swedish industrial companies through its NTR Renewable Energy Income Fund II. The total capital investment, including the build-out of the development cluster, is expected to be in excess of €180 million.

The DLA Piper team in Helsinki was led by Real Estate partner Antti Niemi and Finance & Projects partner Hans Sundblad. Corporate senior associate Josefin Strömberg and associate Ida-Sofia Antinluoma also advised on the deal.