This is one of the few holdco financing structures in the German offshore wind market.
The Elvetham is a thirteenth-century country house hotel in Hampshire with 35 acres of landscaped grounds, 72 guestrooms, 21 meeting spaces and 10 separate buildings covering over 79,000sq ft.
The portfolio comprises 14 rooftop and ground-mounted PV plants located in the Italian Provinces of Pordenone, Genoa, Siena, Latina, Rome and Teramo.
The National Bank of Greece is a global banking and financial services company and one of the leading banks in Greece, with which WFW enjoys a long-standing relationship.
Ermewa is an operating lessor, leasing wagons and containers 30+ countries across Europe, the USA and Asia. It has an existing portfolio of 42,000 freight railcars, 55,000 tank containers and six workshops.
Lindsey commented: “This recognition could not have been achieved without the enthusiasm and dedication of the fantastic team of highly talented colleagues in the firm’s Maritime Group worldwide”.
The Merkur wind farm consists of 66 GE Haliade 150 turbines with a capacity of 396 MW. The project will save c.18 million tonnes of CO2 equivalent over its project life.
The joint venture acquired two Suezmax tankers for a combined consideration of US$40.6m.
The initial consideration, payable by Zenith on completion, will be settled through the issue of 6.7m new Zenith shares.
A six-year loan facility will primarily be used towards the prepayment of existing credit payments, amounting to US$152m, as well as to pay off a US$66m bridge facility raised in June 2019.