CMS Law secures refinancing for Klevberget wind farm
Deal News | Dec 10, 2024 | CMS Law
CMS Law has successfully advised the creditors of Renewable Power Capital (RPC) in securing a long-term operational refinancing package valued at over €115 million. This package pertains to the 146MW Klevberget onshore wind farm located in Sweden, a notable project in the Nordic renewable energy sector. The refinancing is aimed at enhancing the long-term operational efficiency and financial stability of the wind farm. This advisory role by CMS underscores its strong presence and expertise in the renewable energy finance market, particularly within the Nordic region.
Sectors
- Renewable Energy
- Corporate Finance
Geography
- Sweden – The Klevberget onshore wind farm, central to the refinancing deal, is located in Sweden.
- Nordic Region – The mentioned refinancing deal reinforces the growing renewable energy market in the Nordic region.
Industry
- Renewable Energy – The article discusses refinancing in the context of a wind energy project, showcasing the renewable energy sector's dynamics.
- Corporate Finance – The advisory role played by CMS Law in securing a significant refinancing deal highlights the corporate finance industry.
Financials
- €115 million – Total amount secured for the long-term operational refinancing of the Klevberget wind farm.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CMS Law | Legal Advisor | Company | CMS Law advised creditors on the refinancing package for the Klevberget wind farm. |
| Renewable Power Capital (RPC) | Borrower/Client | Company | RPC is the entity for which the refinancing package was secured for its wind farm. |