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Gemini 600MW Offshore Wind Farm Refinancing
28th April 2017
DWPF provided the sponsors with model audit advice for refinancing EUR 2bn in commercial debt raised in May 2014 on significantly improved terms.
The original senior debt package had a 17-year tenor (14-years post construction), priced at circa 300bps over Euribor and structured as a mini perm with cash sweeps to come in from around five years post construction.