Taaleri SolarWind III Fund reaches final close at EUR 630 million

TAALERI ENERGIA  |  PRESS RELEASE  |  8 JANUARY 2026 AT 11:00 (EET)

Taaleri SolarWind III Fund reaches final close at EUR 630 million

The Taaleri SolarWind III Fund, Taaleri Energia’s sixth renewable energy fund, has reached final close with EUR 630 million in total commitments (including EUR 74 million in co-investment commitments).

The Fund has a value-add investment strategy to acquire, develop, contract, construct, operate and exit a portfolio of utility-scale onshore wind farms, solar parks and battery energy storage system (BESS) assets. The Fund’s main target markets are the Nordics, the Baltics, Poland, Southeast Europe and Spain, with selective investments in the United States (Texas).

The Fund has to date made investment commitments totalling EUR 360 million, including:

• 50 development stage wind, solar and BESS projects (7 GW)
• BESS, Finland (36 MWh, operational)
• BESS, Texas (200 MWh, under construction)
• Wind, Serbia (154 MW, under construction)
• Solar, Finland (129 MWp, under construction)
• Wind, Latvia (112 MW, under construction)
• Wind + BESS, Lithuania (45 MW + 36 MWh, under construction)

The Fund is expected to be fully invested in the next 18-24 months.

“We are delighted by the strong interest the Taaleri SolarWind III Fund has attracted from a broad range of institutional investors. At almost twice the size of its predecessor, the Fund welcomed new investors from Austria, Belgium, Bulgaria, Estonia, Finland, France, Romania, Spain, and Switzerland. We sincerely thank all new and returning investors for their commitments,” says Stephen Ross, Head of Investor Relations, Taaleri Energia.

“We appreciate the trust placed in us by our investors and we are pleased with our execution of the Fund strategy thus far. Looking forward, the Fund has a strong development portfolio that gives us confidence in our ability to continue to invest in attractive construction projects,” says Kai Rintala, Managing Director, Taaleri Energia.

The Fund’s investors include Erste Group Bank AG, the European Bank for Reconstruction and Development, the European Investment Fund, Ilmarinen Mutual Pension Insurance Company, KBC Verzekeringen (in partnership with EIF), SmartCap, Varma Mutual Pension Insurance Company, VBV Pensionskasse, and other European institutional investors.

Finnish pension funds, foundations, endowments, family offices and individual investors are also strong supporters of the Fund, investing through a fund managed by Aktia Bank.

The Fund is classified as an Article 9 fund under the Sustainable Finance Disclosure Regulation (SFDR). The Fund benefits from support from the European Union under the InvestEU Fund and SmartCap’s Green Fund is financed by the European Union NextGenerationEU Recovery and Resilience Facility funds.

 

About Taaleri Energia

Taaleri Energia is a renewable energy fund manager with one of the largest dedicated renewables investment teams in Europe.  We develop, construct, operate, and exit wind, solar and battery energy storage assets that drive the global transition to clean energy. Taaleri Energia has EUR 1.2 billion of assets under management.

Taaleri Energia is part of the Taaleri Group. Taaleri is a specialist in investments, private asset management and non-life insurance, powering change with capital. Taaleri has EUR 2.7 billion of assets under management in its private equity funds, co-investments and single-asset vehicles. The company employs approximately 130 people. Taaleri Plc is listed on Nasdaq Helsinki.

taaleri.com/renewable-energy

For more information, please contact:

Kai Rintala, Managing Director, Taaleri Energia, +358 40 162 5711, kai.rintala@taaleri.com

Stephen Ross, Head of Investor Relations, Taaleri Energia, +358 40 733 7789, stephen.ross@taaleri.com