Setterwalls advised InfraRed on the sale of a stake in Twin Peaks

Twin Peaks consists of the two operational onshore wind farms Ranasjöhöjdens and Salsjöhöjden. The wind farms consist of 39 Siemens turbines, each with a capacity of 6.2 MW and a total height of 200 metres. The total combined capacity is 242 MW, making the project one of the ten largest in Sweden. Twin Peaks can generate electricity to 45,000 households and it is an important part of Sweden’s goal to reach zero greenhouse gas emissions by 2045.

InfraRed Capital Partners is an international infrastructure asset manager, with more than 160 professionals operating worldwide from offices in London, Madrid, New York, Sydney and Seoul. Over the past 25 years, InfraRed has established itself as a highly successful developer and steward of infrastructure assets that play a vital role in supporting communities. InfraRed manages USD 13bn+ of equity capital for investors around the globe, in listed and private funds across both core and value-add strategies.

Infranode is a long-term infrastructure investor with a particular focus on the Nordic countries. Infranode invests in energy and renewables, digital infrastructure, transport, and social infrastructure. Infranode has about EUR 1.8 billion in committed capital from long-term institutional investors, including some of the most recognized pension funds in the Nordic region.