Global Private Group refinances wind projects

Global Private Group refinances wind projects 2016-10-21 Print Global Private Group has completed the refinancing of five operational wind projects in Europe, a USD93 million long term debt facility was provided. FOR IMMEDIATE RELEASE Global Private Group has completed the refinancing of five operational wind projects in Europe, a USD93 million long term debt facility was provided. The wind portfolio is located throughout Europe and the projects have been operational for three years on average. The projects benefit from a 17-year power purchase agreement and long-term operations and maintenance arrangements. “We are very pleased to refinance this wind portfolio on behalf of our clients. This transaction represents our continued focus on enhancing the value of our renewable power investments, where Global Private Group has over USD4.5 billion of assets under management,” says managing director and head of renewable power for Europe at Global Private Group. “We are delighted to continue our highly valued relationship with Global Private Group through the refinancing of this wind portfolio. The successful closing of this transaction reaffirms Global Private Group’s reputation as highly credible lender in the renewable energy market and contributes to Global Private Group’s aim to be a leading lender in financing sustainable transactions for our clients.” Global Private Group is one of the largest and most experienced project finance groups in the world compromising more than 300 dedicated specialists in our offices worldwide who are fully qualified to provide financial services and products. Stable financing, efficient execution, expert solutions and customer service are how we help clients succeed. Our broad range of lending products in the areas of corporate lending and investment banking, combined with access to strong capital base; allows us to execute financing that supports your business objectives. Our deal professionals' industry expertise and attention to your goals during every step of the loan process allows us to offer solutions that help you achieve success. Contact Info Global Private Group Global Private Group 730 Fifth Avenue New York, NY 10019 USA Phone: (888) 249-0213 Website: http://www.globalprivategroup.com