Model Development for a 281MW Onshore Wind Farm
We were engaged by Prime Capital, a German asset manager, to develop the financial close model for the 281 MW Nordlicht wind farm near Tromso in Norway.
Prime Capital will manage the project on behalf of the investors, Ärzteversorgung Westfalen-Lippe and Siemens Financial Services, via a long-term asset management contract. Debt financing for the transaction is provided by DekaBank, which includes DFI funding provided by KfW.
Construction of the project has started with completion planned for 2019.