ENERCON has finalized the financing of its 134.4 MW onshore wind farm in Sweden, under a EUR118 million (US$18.77 million) senior facilities agreement with DNB Bank ASA who acted as the sole mandated lead arranger.
The bridge finance will be used to build the Ersträsk North wind farm in the Markbygden region. The project was sold in a separate deal using a forward sale arrangement to Irish investor Greencoat Renewables PLC, who will also soon be the owner of the nearby 101MW Ersträsk South onshore wind farm. The project consists of 32 turbines of the type E-138 EP3 E2 and has already commenced construction targeting commercial operation in Q4 2023.
Capcora served as ENERCON's sole financial advisor with regard to the debt financing and DNB Markets advised ENERCON on the sale procedure.
OX2 has submitted a permit application to construct a 5.5 GW offshore wind farm between the islands of Gotland and Öland in Sweden.
Read moreThe equal joint venture between Red Rock Power Limited and CapMan Infra has completed a EUR180 million (US$194.57 million) refinancing of its 241 MW Överturingen operational wind farm in central Sweden.
Read moreEolus and Hydro REIN have signed an agreement with MEAG regarding the sale of 75% of the shares in the 260 MW wind power project Stor-Skälsjön in Sweden.
Read moreGE Renewable Energy has announced that it has been selected by OX2 as the supplier for the 146 MW Klevberget wind farm, located in Ånge, Sweden.
Read moreSiemens Gamesa has signed a deal with Eolus and Hydro REIN to supply wind turbines for the 260 MW Stor-Skälsjön project in central Sweden.
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