Vientos de Pastorale 53MW wind farm

Overview:

• Vientos de Pastorale 53MW wind farm.
• The Vientos de Pastorale wind farm has obtained $100 million in financing.
• Proceeds from the loan will be used both to refinance a previous loan provided by Deutsche Bank in 2015 and to finish the project.
• The wind farm will have a generating capacity of 53MW, but expectations are that the project will eventually be expanded to 150MW.
• Vientos is a subsidiary of developer Bow Power.
• The project is located in Flores, Uruguay.
• The lenders were Crédit Agricole and Caixa.
• Deutsche Bank Trust Company Americas acted as administrative agent.
• Bow Power was represented by in-house counsel.
• Legacy firm Chadbourne & Parke advised Deutsche Bank as international counsel.

Kurt Stumpo - Journalist