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ABO Reaches Financial Close On 87MW Pajuperankangas Wind Project In Finland
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News: Germany-based renewables developer ABO Wind has secured a financing package from Norddeutsche Landesbank to achieve financial close on the 87MW Pajuperankangas wind project in Northern Ostrobothnia province, Finland. The package comprises several long-term facilities, a VAT facility and a debt service reserve facility. The wind farm will come up near the municipality of Haapajarvi and it will feature 14-units of Vestas Wind Systems' V162 turbines. The project, which has a 10-year power purchase agreement with Statkraft, is likely to be commissioned by November 2023 (Renewables Now).
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