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Hansen Wind – ECA-backed financing
26 March 2010
SG and Hansen blow into Chinese market
This is a highly unique transaction in the renewable energy sector which sees European wind energy equipment being sold to China under a framework financing agreement. The financing, arranged by Société Générale (SG), sees over 16 European suppliers – mainly German and Belgian – finding a financing route for their exports to buyer and facility borrower Hansen Wind Energy Drives (China) Limited.The total deal amount is a66 million ($88 million), with a seven-year door-to-door maturity, in favour of the borrower Hansen Wind...
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