Wind Capital secures €160m project finance
The Missouri project will be the first which Lost Creek will fully own and operate. Upon completion – construction started last July – next spring, the wind farm will generate enough electricity to power more than 50,000 homes.
The successful funding round is quite significant as it comes at a time of weakness for the sector in the US. Only 20 wind project financing transactions have been completed there this year and project finance loan volumes in the year to date in the US have declined by more than 50% on a year-on-year basis.
