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Macquarie Invests in Walney Extension Offshore Wind Farm
Official Press Release Macquarie:
Macquarie provides over £500 million of senior secured debt for the UK’s 659MW Walney Extension
New 659MW offshore wind farm located on the west coast of England / Facilities comprising senior secured CPI-linked and nominal bonds / All debt on a 16-year amortising basis
Macquarie has provided part of a new long-term debt facility to fund the acquisition of a 50 per cent share in the Walney Extension project in the United Kingdom (UK). The Macquarie investment, led by the Macquarie Infrastructure Debt Investment Solutions (MIDIS) team on behalf of institutional investors - will be used to part finance 50 per cent of the acquisition and construction of the 659MW offshore wind farm, jointly owned by Ørsted (50 per cent), PKA and PFA (50 per cent). Macquarie’s investment forms part of an approximately £1.3 billion senior secured project debt... ... More: Official Press Release Macquarie
- Keywords:
- Walney Extension, offshore, finance, debt, Macquarie
