International law firm Ashurst has advised Kansai Electric Power Co., Inc. ('Kansai') on its agreement, through its subsidiary KPIC Netherlands B.V., to acquire 15% of the shares in the vehicle that owns the Piiparinmäki Wind Farm Project ('Piiparinmäki') in Finland, the Glennmont Clean Energy Fund III Wind B.V., owned and managed by Glennmont Partners. The agreement gives Kansai a 15% ownership stake in Ilmatar Piiparinmäki Oy, the project SPV of Piiparinmäki in Finland.
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