Aviva joins team of lenders for the €1.5B Merkur wind farm

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Aviva Investor has taken part in the financing of the 396 MW Merkur offshore wind farm in Germany, in the North Sea, 45 km north of the Borkum Islands.

Aviva is joining a group of ten international and local banks which committed approximately €1.2 billion of senior secured debt for the offshore project. The lenders’ group comprised of KfW Mittelstandsbank, under the umbrella of its German Offshore Wind Programme, as well as nine commercial lenders including: ABN Amro, Commerzbank, Deutsche Bank; KfW IPEX; Natixis; Rabobank (Insurance Bank); SEB ; SMBC and Société Générale. 

The offshore wind project consists 66 Haliade 150-6 megawatt offshore turbines and generates approximately 1,750 GWh annually, enough clean energy to power around 500,000 homes. It;s completion is expected in March 2019.

List of the country updates

Country updates

  • July 12, 2018

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  • July 10, 2018

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  • July 09, 2018

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  • July 06, 2018

    Trianel unit to acquire Zellertal wind project

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