NTR Completes Project Financing of USD70.5 Million for Refinancing of Twin Rivers Wind Farm in UK

Published: Apr 20 2017
Deal Summary

NTR plc, a renewable energy company, has completed project financing of GBP55 million (USD70.51 million) for refinancing of the Twin Rivers wind farm situated in Yorkshire, UK. The finance was provided by Mitsubishi UFJ Financial Group, Inc. (MUFG). The total installed capacity of the wind farm is 29 MW comprising 14 senvion MM92 turbines. The wind farm provides enough clean energy to power 20,500 households.

Pinsent Masons LLP acted as leagal advisor to NTR while Burges Salmon LLP acted as legal advisor to MUFG for the transaction.

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