DONG Energy A/S signs GBP 250m loan facility for London Array (UK)
DONG Energy A/S has today signed a GBP 250 million loan facility with European Investment Bank intermediated by a leading international bank.
The loan is related to the construction of the London Array offshore wind farm and can be drawn throughout the construction period.
The financing is in line with DONG Energy’s strategy to diversify its funding on various loan types and to fund projects out of the parent company.
The content of this announcement does not alter the previously announced expectations for DONG Energy’s financial result for 2010 or the announced expected level of investments.
Source: dongenergy, July 04 , 2010;