By: greenbank On: October 01, 2015 In: Comments: 0

GIB joined Siemens Financial Services, Macquarie Capital and project developer RWE Innogy as 25% joint equity partners in the GB£1.5 billion Galloper offshore wind farm. The joint venture has also secured GB£1.37 billion of debt facilities from a consortium of 12 commercial banks plus the European Investment Bank (EIB), making it the UK’s first construction-ready offshore wind project finance deal.

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