Disbursements for renewable energy in May

19/05/2011

Eksportfinans has continued its focus on renewable energy in the previous year, and disbursements for projects in this sector were also made in May.

Wednesday May 11, Eksportfinans’ disbursed CZK 309 million (NOK 102 million) to Signo Polar PP04 S.R.P. Scatec Solar is the supplier. This is the final of seven disbursements that will help finance equally many solar parks in the Czech Republic. This loan is guaranteed by the Garanti-instituttet for eksportkreditt (GIEK) with 70 percent and Nordea with 30 pecent.

On Friday May 13, Eksportfinans made its fifth disbursement to the financing of Su Gükü. Hydroenergi AS is the supplier, and the loan finances a hydro power plant in Turkey. This is the penultimate disbursement before the consolidation on June 30 this year. The total disbursements for the project amount to EUR 4.4 million.

Foto: Scatec Solar

 

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