UK: Marubeni Completes Financing for Gunfleet Sands Offshore Wind Farm

On November 1st, 2011 Marubeni Corporation acquired a 49.9% stake in DONG Energy’s 172MW Gunfleet Sands offshore wind farm, with arrangements for the project financing of Marubeni’s equity portion being initiated.

Marubeni announce that on March 30, the project financing, utilizing Overseas Untied Loan Insurance provided by Nippon Export and Investment Insurance, was completed.

With this acquisition, Marubeni’s total worldwide power generating capacity will come to 8,753MW (net), including 450MW of renewable energy assets.

[mappress]

Offshore WIND staff, March 30, 2012; Image: dongenergy