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enXco closes project financing for Wapsipinicon wind farm
(03/07/2009)

enXco has closed on the project financing for the Wapsipinicon Wind Energy Project. Lenders to the project are Nord/LB, CIC Crédit Industriel et Commercial, Landesbank Hessen-Thüringen (Helaba), and CoBank. Nord/LB is administrative agent for the banks which each have equal shares in term loan and letter of credit facilities. Construction of the 100.5-megawatt wind farm, consisting of 67 GE 1.5 MW turbines, commenced in April of last year, with commissioning achieved in December 2008. Souther... [more]

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