Racine advises Omnes on the set up of a dedicated co-investment vehicle for the €200 million financing round for Finnish renewable energy company Ilmatar Energy
Racine advised Omnes, a leading private equity and infrastructure investor, on the set up of a dedicated co-investment vehicle for the €200 million financing round for Finnish energy company Ilmatar Energy with participation from its Capenergie 4 fund and institutional co-investors. The growth capital enables Ilmatar Energy’s transition to a leading independent power producer (IPP) in the Finnish energy market.
Ilmatar is a fast-growing Finnish energy company and a forerunner, which operates at every single stage of wind power production. The company will build, own, and operate wind farms to increase Finnish wind power generation capacity by 1GW by 2027.
With €5 billion in assets under management, Omnes provides companies with the capital they need to fund their growth, in three key areas: venture capital, growth & buyout capital and infrastructure. Omnes is wholly-owned by its employees. It is committed to ESG factors and has founded the Fondation Omnes to fund initiatives in favor of children and young people. It is a signatory to the United Nations Principles for Responsible Investment (PRI).
For this operation, Omnes was advised by Racine, with a team led by partner Rima Maitrehenry.
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