February 22, 2019 |
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
French renewable energy company gets a $104m long-term loan from KfW IPEX-Bank and FMO