The deal on the production of wind power between Exilion Tuuli Ky, partly owned by Veritas, and St1 has been confirmed. The company acquired eleven already operating wind farms from St1 with a total power of 315 MW.
Diversification has decreased in the financial markets due to the growing central bank stimulus. Investors are hunting for yield in more risky and illiquid assets which tend to correlate with each other in distressed markets. Can slow-moving investments still bring diversification in ever-faster liquid markets?
The coronavirus epidemic has thrown a shadow over the second quarter of the year. During the first half of the year, Veritas provided support for its customer companies to ensure their ability to survive the worst phase of the epidemic. Customers were offered payment extensions on their pension contributions and tenants were granted flexibility as well.