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C-Power – ECA financing
02 March 2011
Setting new standards in renewables
This is a ground-breaking Eu1 billion ($1.42 billion) ECA-backed financing to support C-Power for the second and third phases of a 325 MW offshore wind farm on Thornton Bank, located in the North Sea 30km off the Belgian coast. The financing is the largest ever to be closed in the offshore sector on a limited-recourse basis and sets a new standard based on financially and technically sound projects in the fast growing offshore wind market.
Société Générale CIB (SG CIB) acted as mandated lead arranger and sole hedge coordinator on...
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