Enel Green Power Secures Financing For Three Wind Projects

Posted by NAW Staff on May 03, 2012 No Comments
Categories : Projects & Contracts

Enel Green Power, through its subsidiary Enel Green Power International BV, has signed a 12-year 180 million euro financing agreement with the Danish government's Export Credit Agency and Citigroup for three wind farms.

The financing will be used to cover part of the investments for the following wind farms: the 200 MW Caney River wind project in Kansas, the 120 MW Zephyr I project in Romania, and the 90 MW Cristal project in Brazil.

The Caney River wind farm and the Rocky Ridge wind farm in Oklahoma are also part of a tax-equity partnership worth around $340 million signed last year by Enel's U.S. subsidiary Enel Green Power North America.

The full amount of the investments for the construction of the three plants is approximately 670 million euros.

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