CMS Advises on Nordic Wind Financing

CMS, a leading law firm, has played an integral advisory role in a major financial transaction involving Renewable Power Capital (RPC) and its creditors, securing a substantial operational refinancing package exceeding €115 million. This refinancing is designated for the 146MW Klevberget onshore wind farm located in Sweden and represents a significant movement within the Nordic renewable energy sector. The Klevberget wind farm is a notable development in renewable power, aiming to contribute to Sweden's ambitions in sustainable energy. The transaction signifies the strengthening of RPC's financial standing and extends a dependable credit framework, facilitating long-term operations of the wind farm. The agreement not only highlights the growing investor interest in sustainable projects but also underscores CMS's capability to navigate and structure complex financial deals in the renewable sector.