08:38 AM EDT, 08/28/2026 (MT Newswires) -- Taaleri (TAALA.HE) and HitecVision completed the first 75 million-euro tranche of the 105 million-euro funding round for Finnish biorefinery Fintoil after satisfying regulatory and customary closing conditions. The investment and asset management company invested 25 million euros, and HitecVision contributed 50 million euros in the initial funding round, according to a Friday release. The partners also committed an additional 5 million euros and 25 million euros, respectively. Taaleri has now secured an indirect 35% stake in Fintoil's Fintoil Hamina as a result of the transaction. Additionally, the joint venture Taaleri Biojalostamo divested its stake in Fintoil, resulting in 2.8 million euros of performance and success fees for Taaleri.

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