By: greenbank On: June 01, 2013 In: Comments: 0

CEFC invested AU$50 million as part of the refinancing of Victoria’s AU$1 billion Macarthur Wind Farm. This is the CEFC’s first transaction in the wind sector. One of Australasia’s largest renewable energy groups, Meridian Energy Ltd is refinancing its 50 per cent stake through a AU$529 million syndicate of co-lenders including the CEFC. The wind farm’s joint-venture partner is Macarthur Wind Farm Pty Limited, a wholly owned subsidiary of AGL. By providing senior secured debt financing to Meridian, the CEFC is playing a valuable commercial role in supporting the other syndicate members ANZ, NAB, ING, Shinsei, ICBC and EKF, to provide market liquidity.

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