TNB has strucked a deal to obtain GBP120 million (US$168 million) in debt to refinance the acquisition. The financing facility will be provided by Germany’s Bayerische Landesbank (BayernLB)
Xcel has acquired the wind asset from NextEra Enery Resources. Construction is intended to start by summer 2018 and be completed by 2019
Xcel has taken possession of the project and intends to start building this summer 2018. The plant is expected to be brought online in 2019