DLA Piper advises Mirova on debt financing for Swedish onshore wind portfolio

Global law firm DLA Piper has advised Mirova on its financing from Danske Bank and La Banque Postale of a portfolio of operational onshore wind farms in Sweden.

The portfolio comprises the 88MW Fågelås, Dållebo and Boarp onshore wind farms, which were acquired by Mirova from Eolus in December 2025 on an unlevered basis. The assets benefit from a 15-year PPA covering a substantial share of annual electricity production, supporting long-term revenue visibility. The financing, arranged shortly after acquisition, will enable Mirova to optimise the portfolio’s capital structure and enhance returns through highly competitive terms for a long-dated amortising facility.

The DLA Piper team advising on the transaction was led by Finance senior associate Charlotte Eliades, supported by partner Nikhil Markanday, legal director Jennifer Jin, associate Cormac O'Brien and trainee Freya Patten.