Windfarm gets financing
Nordea Bank has closed a US$60m windfarm financing, with Dexia and EKF arranging and guaranteeing the loan, as part of a US$75m long-term non-recourse financing project is to build the 30MW Vader Piet windfarm. The balance will come from US$20m in sponsor's equity and a US$5m subordinated loan from AIB Bank, a local institution.
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