Deal Announcement: Meridiam invests in Green North Energy
Sector: Renewables / Energy Transition
Type of deal: Acquisition of shares
PwC Finland provided investment case review services as well as financial and tax due diligence to Meridiam in connection with their investment in Green North Energy, a Finnish green energy project development company.
Green North Energy is currently in the final stages of developing its first green hydrogen and ammonia plant in Naantali, Finland. The company was founded in 2021 by Finnish consulting and engineering company Elomatic and private investors.
Meridiam manages a portfolio of over US$22 billion internationally, specialising in sustainable public infrastructure.
Meridiam’s support and experience in sustainable infrastructure development will accelerate Green North Energy’s plant development, and with this investment, Meridiam strengthens its presence in Finland and its green energy project portfolio.
Deal announcement date: 18 November 2024
PwC’s role: Financial and tax advisor
Matias Lindholm
Petri Seppälä
Mikael Österlund
Atte Salonen
Miro Holopainen
Sarita Rauta
