UniCredit leads financing for 461 MW Romanian wind farm

Green Forum
UniCredit Bank announced that it has successfully closed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to €291 million to First Look Solutions SRL to finance the development of the first 192 MW phase of a larger wind energy project. 

The project is located in Buzău County and the first phase, which will last until 2025, will see the installation of 30 Vestas wind turbines. 
 
In addition to UniCredit Bank, the syndicated facility has been completed with 7 other banking groups and financial institutions. The financing package includes a tailored mix of cash and non-cash products.
 
First Look Solutions SRL is a joint venture between Rezolv Energy (backed by Actis) and Low Carbon to build and operate a 461 MW wind farm in two phases. 

 

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
How to embed ESG principles into corporate culture?
Business

How to embed ESG principles into corporate culture?

It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.

Mobility

NXP secures €1 billion EIB loan for innovation

NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.

READ MORE
Green Forum  |  16 January, 2025 at 9:00 PM
Green Forum  |  16 January, 2025 at 8:00 PM