SPC 2-Mustaisneva

SPC 2-Mustaisneva is a Finnish company. Public evidence identifies it as a Finnish company and links it to the renewable-energy investment platform YARD ENERGY, whose website is the associated source. YARD ENERGY, formerly Yard Capital, has a long track record as a project developer and investor in renewable energy, particularly wind power, and has since diversified into a broader range of renewable-energy companies. Its activities have included investments in electric-vehicle charging stations and carbon-capture scrubbers for marine applications, and in 2024 it transitioned portfolio management responsibilities to Move Energy. YARD ENERGY launched the Yard Energy Transition Fund I in 2020 and later announced the launch and first closing of Move Energy Fund I, a venture capital fund focused on early-stage scale-ups in transport, buildings and power. The exact role, ownership and operations of SPC 2-Mustaisneva within this structure are not detailed in the available evidence, so this dossier remains limited to what can be supported.

SPC 2-Mustaisneva is identified in public evidence as a Finnish company. The available material links it to YARD ENERGY, a renewable-energy project developer and investor whose website is the associated source. YARD ENERGY's own history begins in 2004, when Yard Capital was founded and later renamed YARD ENERGY. In 2005 it acquired a wind project under development, which was sold to International Power Ltd. In 2009 it raised more than €60 million from private investors to acquire 15 wind projects under development. In 2013 it acquired 750 MW of wind projects across Europe and became a top-three Dutch privately owned wind developer. In 2014 it established a joint venture with Maas Capital (ABN AMRO) for investments in Finnish wind projects. In 2015 it acquired a 20% stake in Lagerwey Wind, which was successfully sold to Enercon in 2018. In 2016 it signed a framework agreement with Eurus Energy for the sale of 330 MW of wind projects. In 2020 it structured €600 million of debt and equity for the construction of wind farms in the Netherlands and launched Yard Energy Transition Fund I. In 2021 it sold the Drawsko wind farm. Since 2021, YARD ENERGY has diversified its investment strategy, shifting away from wind energy to focus on a broader range of companies within the renewable-energy sector, including firms that develop and manage electric-vehicle charging stations and those producing carbon-capture scrubbers for marine applications. In 2024, YARD ENERGY transitioned its portfolio management responsibilities to Move Energy. YARD ENERGY no longer has an active investment mandate; Move Energy Fund I is a venture capital fund investing in early-stage scale-ups in transport, buildings and power, merging the experience and networks of YARD ENERGY and Ponooc, with Pon Holdings and YARD ENERGY as cornerstone investors. The specific history, ownership and operations of SPC 2-Mustaisneva itself are not detailed in the available evidence.

• 2024

  Transitioned portfolio management responsibilities to Move Energy

• 2021

  Sold wind farm Drawsko

• 2021

  Diversified investment strategy away from wind energy to a broader range of renewable-energy companies

• 2020

  Structured €600M of debt and equity for construction of wind farms in the Netherlands

• 2020

  Launched Yard Energy Transition Fund I

• 2018

  Lagerwey Wind stake successfully sold to Enercon

• 2016

  Signed a framework agreement with Eurus Energy for the sale of 330 MW of wind projects

• 2015

  Acquired a 20% stake in Lagerwey Wind

• 2014

  Established a joint venture with Maas Capital (ABN AMRO) for investments in Finnish wind projects

• 2013

  Acquired 750 MW of wind projects across Europe; became a top-three Dutch privately owned wind developer

• 2009

  Raised €60M+ from private investors to acquire 15 wind projects under development

• 2005

  Acquired a wind project under development, sold to International Power Ltd

• 2004

  Yard Capital founded, later renamed YARD ENERGY

1. 1HOME | YARD ENERGYyardenergy.com
2. 2About | YARD ENERGYyardenergy.com
3. 3SPC 2-Mustaisnevawikidata.org