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Financial close for Germany's Merkur offshore wind


 

By Olivia Gagan, 12/08/2016



The sponsors of the €1.6 billion ($1.79 billion), 396MW Merkur offshore wind project in Germany have reached financial close.

A consortium of five sponsors comprising Partners Group, (50%), InfraRed Capital Partners (25%), DEME Concessions Wind (12.5%), GE Energy Financial Services (6.25%) and L’Agence de l’environnement et de la maîtrise de l’énergie on behalf of the French State (6.25%) have provided €500 million in equity.

A group of ten banks committed €1.2 billion of senior secured debt to the project.

The lenders’ group comprises:....

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This content is provided by Euromoney Seminars for informational purposes only, and it reflects the market and industry conditions and presenter’s opinions and affiliations available at the time of the presentation.