Invenergy, Enerco get funding for 24-MW Polish wind farm
Dec 6, 2013 - US clean energy company Invenergy LLC and Polish partner Enerco said Tuesday they had closed financing for the 24-MW Porzecze wind park that is being built in northwestern Poland.
Dutch banking group Rabobank acted as lead arranger and administrative agent for the funding. Financial details were not revealed.
The Porzecze wind farm, also known as Pekanino, is situated in the village of Porzecze, Slawno county. The installation will be powered by 16 turbines by US conglomerate General Electric (NYSE:GE), each with a capacity of 1.5 MW. It is expected to start commercial operations at the beginning of 2014. Once completed, the output of the facility will be sold under a long-term power purchase agreement (PPA).
Invenergy and Enerco together own eight wind parks of 227.5 MW in total in northern Poland. Currently, they are soon to enter the construction phase at a 48.5-MW wind park, that is to be switched on next year.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.