HSH Nordbank AG on €29.6m windfarm project financing in France
HSH Nordbank AG has raised project financing for the 12.5 MW capacity Mont d’Erny wind farm by means of a €29.6 million loan (US$33.1 million).
The project was developed by Nordex and sponsored through an investment fund managed by Rive Private Investment (group 123Venture & Elyseum Investment). It comprises five N100/2500 turbines with a total capacity of 12.5 MW.
Located in the Hauts-de-France region of the country (formerly Nord-Pas-de-Calais-Picardie), construction has begun at Mont d’Erny and the wind farm is scheduled to go live in the second quarter of 2017.
International law firm Watson Farley & Williams (WFW) has advised the HSH Nordbank AG on the drafting of all financing documents and assisted the bank during the legal due diligence process.
Country news
-
-
August 09, 2016
ERG Renew refinances six wind farms in France
ERG Wind France 1 SAS, a subsidiary of ERG Renew, has announced it has signed a facility agreement on a non-recourse portfolio project finance basis for the six wind farms for a total installed capacity of 63.4 MW. Read more -
August 08, 2016
French fund PREDIREC EnR 2030 finances PV and solar portfolios
Predirec EnR 2030, an euro bond fund dedicated to renewable energy infrastructure investment and operated by Acofi Gestion, will finance french solar portfolios with a total output of 82 MWp. Read more -
August 03, 2016
Winners revealed for France's tender for pilot floating wind farms
French Ecology Minister Segolene Royal has announced two winners of France's tender for pilot floating offshore wind farms.
Read more -
August 02, 2016
Akuo Energy raises €44 million through green bond issue
Akuo Energy, a French IPP in renewable energy, has announced the success of its latest green bond issue, which has enabled it to raise €44 million (US$49.2 million). Read more -
July 28, 2016
KGAL acquires wind farm in France
KGAL Group, the German based asset manager, has acquired the Clamecy wind farm situated in Burgundy (France) from ABO Wind. This is the third French project that KGAL acquires from ABO Wind, and the tenth wind farm added in France. Read more
