Watson Farley & Williams (WFW) has advised HSH Nordbank as lead arranger on the financing of the Thor wind farm in Sweden. Rabobank became a second lender following primary syndication by HSH Nordbank.
HSH Nordbank and Rabobank provided long-term KfW backed project financing for the 147.6MW wind farm, located approximately 75km east of the town of Gällivare, Sweden. The project was built by Swedish developer OX2 and acquired by a fund managed by Aquila Capital, the alternative asset management division of Hamburg-based Aquila Group. The project has entered into a long term corporate PPA with Google as off taker.
