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Terna Energy SA has secured a EUR117 million (US$130 million) refinancing structure for the 73.2 MW wind project developed on the uninhabited island of Agios Georgios.
The facility consists of nine Vestas V90 and 14 V112 model units. It is connected to the mainland Greece via subsea high voltage cable system.
The refinancing package was secured from Alpha Bank, Eurobank Ergasias and National Bank of Greece. Norton Rose Fulbright has advised the banks in the deal.
