Enel Green Power, EDP Renovaveis Get EUR260 Million Project Finance Loan
December 21 2011 - 6:31PM
Dow Jones News
ENEOP-Eolicas de Portugal SA, the consortium in which the
Spanish unit of Italy's Enel Green Power SpA (EGPW.MI) and
Portugal's EDP Renovaveis (EDPR.LB) each holds a 40% stake, secured
a EUR260 million ($339 million) project finance loan from the
European Investment Bank to implement a series of wind projects in
Portugal with a combined power capacity of 376 megawatts.
Enel Green Power is the renewable energy unit of Enel SpA
(ENEL.MI).
The group has already obtained another EIB financing for the
construction of a first group of wind farms with a total installed
capacity of 480 MW.
Other shareholders of ENEOP include Generg Group and
Enercon.
Exchange website: www.borsaitaliana.it
-By Enza Tedesco, Dow Jones Newswires,
enza.tedesco@dowjones.com
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