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Terra-Gen closes $240m debt refinancing for 831MW renewables portfolio

5 Nov 2009

Renewable power developer Terra-gen Power has closed a $240m debt facility for its 831MW project portfolio. The facilities are composed of a $215m, 2.5 year senior secured loan and $25m working capital. The loan was used to refinance existing corporate credit and pay expenses and transaction fees, and the working capital will be used to[...]

 

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