Total Eren finances another wind farm in Argentina

Total Eren finances another wind farm in Argentina

Loans Project & Infrastructure Finance Debt Renewable Wind Argentina

France's Total Eren said it has secured $104m in long-term financing for the 50.4 MW Malaspina wind farm in southern Argentina. The German export bank KfW IPEX-Bank contributed$64m to the 15.5-year loan, with 95% covered by the French credit insurance company Euler Hermes, while the Dutch development bank FMO provided $40m, Total Eren said in a press release. Total Eren will use the money from KfW IPEX-Bank to buy 14 wind turbines from the German manufacturer Senvion, which will be responsible f

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