Renewable Power Capital (RPC) has closed a long-term operational refinancing package exceeding €115 million for the 146MW Klevberget onshore wind farm in Sweden. This new long-term package replaces an existing short-term construction bridge loan.
The lenders were Nordic Investment Bank (NIB) and Danske Bank. Danske Bank also acted as hedging bank alongside Nomura.
Klevberget started operations in December 2023, bringing RPC’s operational portfolio to 317MW. In May 2023, Faurecia, a company of the group Forvia, signed a ten-year power purchase agreement (PPA) with RPC for almost all the output from Klevberget.