Calyon lands CCGT advisory
Calyon is understood to have been appointed as financial adviser on a new 412MW CCGT of Poweo in Toul. But the financing of the €350m project is in doubt due to the perceived weakness of Poweo, an issue that could only be resolved if Verbund, which currently holds a 30% stake in Poweo, decided to become more involved in the project. Funds managed by Ecofin hold a 29.5% stake.
This content is for Subscribers only
To access full PFIe.com story content you must be a subscriber. Please use the following link to register for a Free Trial.
