Total Eren secures Hercules' PF debt

Total Eren secures Hercules' PF debt

Debt Loans Fixed Income Project & Infrastructure Finance Renewable Electricity Energy Argentina

Total Eren has signed a $167m debt package, which comprises an export credit agency (ECA) facility and term loan, a company spokesperson said. KfW IPEX-Bank lent the 16-year export credit portion while German ECA Euler Hermes provided political risk and trade credit insurance.   Dutch development bank FMO and KfW's private sector lender DEG provided the 15-year term loan. Proceeds will fund the 97.2 MW Vientos Los Hercules wind farm. The Argentine renewable power facility requires more than $200

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