2016
01/25

Category:
Secured Financing

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SSE, Coillte secure financing for Galway Wind Park

LONDON Jan 7 (Reuters) – British energy supplier SSE
, in partnership with Irish firm Coillte, has secured
financing to complete construction of Galway Wind Park, the
companies said on Thursday.

The companies raised 176 million euros to finish Irelands
largest wind farm, which is set to generate 169 megawatts of
power.

The project finance was agreed with mandated lead arranger
banks BBVA, Cooperatieve Rabobank UA and NORD/LB.

The wind farm is due to begin operation in the third quarter
of 2017.

(Reporting by Sarah McFarlane; editing by Jason Neely)

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