Etha assisted Aurinkokarhu in securing a partner for Aurinkokarhu’s portfolio of mid-sized PV plant projects. Aurinkokarhu will now continue developing and constructing several mid-size PV-projects together with French IPP Smart Energies that has expanded to the Finnish market.
Aurinkokarhu is a PV-focused project developer based in the municipality of Korsholm, and specialized in mid-sized and utility-scale PV plants. Complementing Aurinkokarhu’s focus, Smart Energies focuses on distributed projects with low land impact (rooftop, carport and small ground mounted PV projects).
“Etha has a broad understanding of project development. Thus, they are able to see the bigger picture throughout a transaction process. Etha’s consultants were able to point out and help us balance risks that it takes both legal and technical expertise to identify” says Andreas Renfält, CEO of Aurinkokarhu.