Following this transaction ENEOP has its second group of projects, totaling 376MW, with long-term financial structures from EIB in place.
The company has already obtained from EIB funding for the construction of a first group of wind farms for a total installed capacity of 480MW.
The long-term contracted debt facilities totaling EUR260m include EIB Structured Fund Facility of EUR100m, which is expected to be closed in the first quarter of next year; and EIB Guaranteed Facility of EUR160m to be closed once its condition precedents are met.
The closing of this transaction will allow an equity reimbursement to ENEOP’s shareholders, which have fully funded the investment in the second group of projects through equity contributions and shareholder loans.
