January 3, 2018 |
Total Eren has signed a $167m debt package, which comprises an export credit agency (ECA) facility and term loan, a company spokesperson said.
KfW IPEX-Bank lent the 16-year export credit portion while German ECA Euler Hermes provided political risk and trade credit insurance.
Dutch development bank FMO and KfW's private sector lender DEG provided the 15-year term loan.
Proceeds will fund the 97.2 MW Vientos Los Hercules wind farm. The Argentine renewable power facility requires more than $200
French renewable energy provider receives $167m through dual-tranche term loan and ECA facility