WFW advises BW Energy on US$80m prepayment facility for Golfinho oil field offshore Brazil
BW Energy has acquired 100% of the operated working interest in the Golfinho cluster.
BW Energy has acquired 100% of the operated working interest in the Golfinho cluster.
This is the largest UK gas generation project in over a decade.
Founded in France in 2008, Reden is a leading independent producer of photovoltaic renewable energy.
The deal includes disposing of the 2,800 TEU container ships Cimbria and Cardonia.
Consisting of a 50% term loan and a 50% revolving loan, the credit facility has a final maturity of 30 June 2028.
The financing will be used to develop a 40 MW portfolio of ready-to-build projects.
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
The assets were refinanced under a PPP structure in a facility agreement subject to Spanish Law.
WFW led and negotiated the entire transaction, including finalising the sale and purchase agreement.
The Euro notes will be used to fund green assets.