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Collgar Wind – ECA and commercial debt
02 March 2011
Changing the make-up of power
The Collgar Wind Farm project in Western Australia is the largest wind project under construction in Australia, and when the financing was signed it was also the largest single stage wind farm in the southern hemisphere. The overall A$750 million project will have approximately A$450 million of debt attached to it.
This landmark project has been brought to financial close by developer and facilitator Investec, with debt provided by mandated export credit agency (ECA) finance arranger ANZ. On the commercial loan were lead arrangers ANZ, CBA, NAB, Westpac, and WestLB. The expertise and resilience shown by the developer and financiers in bringing this project to financial close makes it a worthy...
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