DGAP-News: ENERCON secures construction bridge financing for 134.4 MW wind farm in Sweden
Retrieved on:
Thursday, June 30, 2022
The bridge financing is dedicated for the construction of wind farm Erstrsk North with a total capacity of 134.4 MW located in the Markbygden area.
Key Points:
- The bridge financing is dedicated for the construction of wind farm Erstrsk North with a total capacity of 134.4 MW located in the Markbygden area.
- Germany-based consultancy firm Capcora acted as sole financial advisor to ENERCON in this transaction in relation to the debt financing while DNB Markets was advising ENERCON on the sale process.
- "We are glad to have simultaneously achieved closing of the sales and bridge financing in two individually managed yet interconnected processes.
- The bridge financing enables ENERCON to externally refinance a large part of the construction costs while maximizing the sales value.