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Ramsey and St Breock

Energy & Renewables

Ramsey and St Breock

QMPF advised this AIM listed developer on raising project finance and competing PPA providers for the repowering and refinancing of one operational wind farm and the financing of another consent wind farm. The total capacity of the two projects is 18MW.

QMPF competed PPA providers for both sites in addition to running a funding competition and developing the project financial model.

The senior funding package, totalling £24m across the two projects, was provided by ING and consisted of term loans, VAT facilities and working capital facilities, with the debt being amortised over 15 years.

For further information contact:

Clare Lacey

Partner
+44 (0)131 222 2612

DATE

June 2014

SECTOR

Energy & Renewables

TRANSACTION

Raising project finance and competing PPA providers for the repowering and refinancing of one operational wind farm and the financing of another consent wind farm. The total capacity of the two projects is 18MW.

VALUE

ROLE

Financial Adviser