Wirsol Energy Ltd. refinances 61MWp Solar Sites
LONDON, UK February 03, 2017 – Wirsol Energy Ltd (“WIRSOL”), the company founded by and a subsidiary of WIRCON GmbH that focuses on both on-shore wind markets and solar markets, today announces that it has closed a deal to refinance ten solar parks totalling 61MWp with debt of circa £46M connected under and RO schemes. The refinancing partnership with BayernLB is based on 18-year non-recourse financing coupled with a Statkraft power purchase agreement, supported by Elgar Middleton as financial advisor and OST acting as technical advisors. ...