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Macquarie unit completes financing for 235 MW Swedish wind farm

LONDON: * Green Investment Group (GIG), a unit of Australian investment bank Macquarie, announced on Thursday the financial close on 270 million euros ($313 million) in funding for a 235 megawatt (MW) onshore wind farm in Sweden. * Financing included striking a power purchase agreement (PPA) with Norsk Hydro, which it called the longest corporate […]

Norway sovereign wealth fund buys first renewable energy stake

Macquarie unit completes financing for 235 MW Swedish wind farm

Financing included striking a power purchase agreement (PPA) with Norsk Hydro, which it called the longest corporate wind energy PPA globally at 29 years in duration * Green Investment Group (GIG), a unit of Australian investment bank Macquarie, announced on Thursday the financial close on 270 million euros ($313 million) in funding for a 235 […]

Norway sovereign wealth fund buys first renewable energy stake