WFW advises Nordic Solar Energy on €23m PV portfolio financing
The portfolio comprises 14 rooftop and ground-mounted PV plants located in the Italian Provinces of Pordenone, Genoa, Siena, Latina, Rome and Teramo.
The portfolio comprises 14 rooftop and ground-mounted PV plants located in the Italian Provinces of Pordenone, Genoa, Siena, Latina, Rome and Teramo.
The National Bank of Greece is a global banking and financial services company and one of the leading banks in Greece, with which WFW enjoys a long-standing relationship.
Ermewa is an operating lessor, leasing wagons and containers 30+ countries across Europe, the USA and Asia. It has an existing portfolio of 42,000 freight railcars, 55,000 tank containers and six workshops.
Lindsey commented: “This recognition could not have been achieved without the enthusiasm and dedication of the fantastic team of highly talented colleagues in the firm’s Maritime Group worldwide”.
The Merkur wind farm consists of 66 GE Haliade 150 turbines with a capacity of 396 MW. The project will save c.18 million tonnes of CO2 equivalent over its project life.
The joint venture acquired two Suezmax tankers for a combined consideration of US$40.6m.
The initial consideration, payable by Zenith on completion, will be settled through the issue of 6.7m new Zenith shares.
A six-year loan facility will primarily be used towards the prepayment of existing credit payments, amounting to US$152m, as well as to pay off a US$66m bridge facility raised in June 2019.
Lothar Wegener: “This is a good result for the firm, improving as it does on last year’s result for the same period, and clearly demonstrating the ongoing success of the sector-focussed model that drives WFW”.
The proceeds of the deal were used to refinance certain debt secured on the vessels.