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Kondinin Wind Farm secures A$430 million in debt financing for 130MW Stage 1 construction in Western Australia.
Amount Raised
A$430 Million
Round Type
Debt Financing
Investors
Description
Kondinin Wind Farm has reached financial close on its 130MW first stage, securing A$430 million in debt financing from Australia and New Zealand Banking Group, Commonwealth Bank of Australia, Deutsche Bank, HSBC, and Westpac. The financing enables construction to commence on Stage 1 of the project located in Western Australia's Wheatbelt. Foresight, the infrastructure investment manager, has also acquired full ownership of the 370MW Kondinin Energy Project by taking Shell Energy's 50% stake. The project has secured a 7-year Power Purchase Agreement with Synergy and a 15-year Australian Government Capacity Investment Scheme Agreement.
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Kondinin Wind Farm raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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