Greystone Infrastructure Fund partners with Manor Group in Swedish renewable energy platform, Rabbalshede Kraft

TORONTO and LUXEMBOURG (February 2, 2017) – The Greystone Infrastructure Fund (“Greystone”), managed by Canadian institutional fund manager Greystone Managed Investments Inc., and Manor Group today announced that Greystone has acquired an equity interest in Rabbalshede Kraft AB (publ) (“Rabbalshede Kraft”), an established developer and operator of wind projects based in Sweden. 

Formed in 2005, Rabbalshede Kraft is a renewable power producer that owns and operates 71 turbines across 8 proprietary wind farms and manages a total of 334 MW across 139 wind turbines.

“Greystone’s investment in Rabbalshede Kraft provides scalability for future deployment of capital on behalf of our institutional investors and establishes a strategic foothold in the Nordic renewable market,” said Jeff Mouland, head of Greystone’s infrastructure strategy. “Investing in quality, mid-market assets that can provide our investors with a mix of long term cash yield and capital appreciation is a key focus of Greystone’s investment strategy. We are delighted to be working alongside the Rabbalshede Kraft team and look forward to our strategic partnership with Manor Group going forward.”

Manor Group, Rabbalshede Kraft’s majority shareholder, is a leading sustainability investor active in energy and agriculture technologies in 15 geographies worldwide. “This investment by an investor of the quality of Greystone is a testimony to the quality of the work done over the last decade by the team, board and founders of Rabbalshede Kraft. The Company will be stronger with Greystone on board. Manor Group is looking forward to developing a strategic partnership with Jeff and the team at Greystone. This is another milestone in Manor’s mission to support the transformation of industries towards higher sustainability and resource efficiency,” said Jean Baptiste Oldenhove, Managing Director of Manor Group.

“We are very happy to welcome Greystone as a new investor in Rabbalshede Kraft. This partnership will definitely strengthen the shareholder base and bring additional competence and an international perspective to the company”, said Håkan Frick, acting CEO of Rabbalshede Kraft.

In connection with Greystone’s investment, Jeff Mouland has been appointed to Rabbalshede Kraft’s Board of Directors. Jean Baptiste Oldenhove will continue in his role on the Board of Directors.

Vid ytterliga frågor, vänligen kontakta:

Greystone Managed Investments Inc.
Anne Bilczuk, CPA, CGA             
Senior Vice-President, Branding & Communications
Tel: +1 (306) 501-1823 (mobile)
Tel: +1 (306) 779-6153 (direct)
Fax: +1 (306) 585-1570 

Manor Group
Stephanie Pittino 
Tel: +352 (0) 26 4977-106
Tel: +44 (0) 20 7317-0508

Rabbalshede Kraft
Britta Ersman
Finance and IR Manager
Tel: +46 (0) 702-797943(direct) 


About Greystone Infrastructure Fund and Greystone Managed Investments Inc.
The Greystone Infrastructure Fund has a global mandate that targets diversified mid-market infrastructure assets with attractive risk-adjusted returns, capable of providing predictable and stable cash flows over the long term. The Greystone Infrastructure Fund forms part of the alternatives asset class managed by Greystone Managed Investments Inc.

Founded in 1988, Greystone Managed Investments Inc. is a privately owned Canadian institutional investment manager. Employee-controlled, the firm is one of Canada’s largest independent institutional money managers [1] with over $30 billion in assets under management. Greystone offers in-house expertise in fixed income, Canadian equities, U.S. equities, international equities, infrastructure, and real estate and mortgages. Greystone is headquartered in Regina, with offices in Toronto, Winnipeg and Hong Kong.  For more information about Greystone Managed Investments Inc., visit

About Manor Group
Manor is a long term investor in the field of natural resource efficiency.  As a private industrial company, Manor provides long-term development capital to entrepreneurs and industrial projects. Manor's objective is to operate from a select number of platform companies all geared towards a better and more efficient use of energy and natural resources. Manor is active in clean energy in France, Sweden and Austria and in agriculture technologies in 15 geographies. Follow the Company at

About Rabbalshede Kraft
Rabbalshede Kraft AB (publ) plans and establishes proprietary land-based wind farms, in collaboration with other players or for divestment whereby the Company is able to offer operating services. Rabbalshede Kraft was formed in 2005 and currently manages 139 wind turbines of which 71 turbines, in the eight wind farms, are in-house. The electricity produced from the Company’s wind farms in operation is sold in the open electricity market, Nord Pool. Follow the Company's progress at  

[1] Top 40 Money Manager’s Report, Benefits Canada November 2016, based on Canadian pension assets as at June 30, 2016.

About Us

Rabbalshede Kraft AB (publ) plans and establishes land-based wind farms for sales of electricity and for sales of entire wind farms or individual wind turbines. The company also offers asset management services, and procures and manages the construction of wind farms. The electricity produced by our own wind farms is sold on the open electricity market, Nord Pool. From when the company was founded in 2005 up until December 2015, a total of approximately SEK 3 billion has been invested in proprietary operational wind farms that together produce some 0.5 TWh of electricity per year. Rabbalshede Kraft is certified in accordance with ISO 9001 and ISO 14001. Follow the company’s progress at


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