EDPR signs project finance for six wind farms in Poland
The six wind farms with an aggregate capacity of 149.4 MW are dispersed across Poland, throughout the south-eastern north-western and the northern of the country.
EDP Renováveis (EDPR) announced on Tuesday that has closed a project finance deal in order to finance the development, construction and operation of six wind farms in Poland.
The six wind farms with an aggregate capacity of 149.4 MW are dispersed across Poland, throughout the south-eastern north-western and the northern of the country. “The Kozlowo and Krasin wind farms are located in the Warmian-Masurian province, the Lichnowy and Chojnice wind farms are in the Pomerania province, Piatkowo are in Kujawsko-Pomorskie province and the Bogoria wind farm in Swietokrzyskie province,” detailed the Portuguese company in a statement.
According to EDPR, the wind farms are part of the sale agreement executed with Mirova, which was disclosed to the market last August.
The project finance arrangers were the European Investment Bank (EIB), Banco Santander S.A./Santander Bank Polska and Caixabank S.A. Additionally, EKF, the official Danish Export Credit Agency, acted as ECA coverage provider.
This specific operation is part of the €8 billion asset rotation programme for 2021-25 previously announced at EDP’s Capital Markets Day.
