Peru Wind Park Preps Long Term Funds

Peru Wind Park Preps Long Term Funds

Peru Loans Project & Infrastructure Finance

ContourGlobal is preparing long-term debt financing to fund construction of the $250m Talara and Cupisnique wind energy projects in northern Peru. Following this week's closing of a $95m bridge facility with Peruvian development bank Cofide, Contour expects to tie up longer-term funds in 2Q, it says. Spokespeople at Contour and Cofide were unavailable for additional comment about the process, done through the Energia Eolica unit. Deutsche Bank was used as the funding entity for the bridge loan.

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