Butendiek Offshore Wind Farm Successfully Refinanced

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Joint owners wpd, Marguerite Fund, Siemens Financial Services, Industriens Pension, Pensionskassernes Administration (PKA), Caisse des Dépôts, ewz (Elektrizitätswerk der Stadt Zürich) are pleased to announce the successful conclusion of the refinancing for the Butendiek offshore wind farm. The amount of senior debt raised for the refinancing is in excess 950 million Euros and has been provided by a syndicate of domestic and international banks together with the EIB at attractive terms.

Michael Dedieu, Chairman of the Butendiek Investment Committee and partner of Marguerite Fund, has been with the project since the beginning and is pleased with the positive project development which makes the refinancing possible: “The success of the Butendiek wind farm - the smooth course... ... More: Official Press Release wpd

Keywords:

wpd, Butendiek, Germany, offshore, wind farm, refinancing