Fri-El Albareto, a unit of Alerion, has reached financial close for its 19.8 MW Albareto wind farm located in Emilia Romagna, Italy.
The EUR22.9 million (US$25.81 million) financing is structured by L&B Partners Avvocati Associati assisted by UniCredit SpA and Natixis - Milan Branch as Mandated Lead Arranger and Hedging Bank (Agent in the case of UniCredit).
The project is currently under construction.