Wirsol Energy Ltd. Refinances 45MWp Solar Sites
LONDON, UK June 22, 2016 - 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 nine solar parks totalling 45MWp with debt of £36.4M connected under both Feed in Tariff 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 advisorand OST acting as technic...