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Vestas arranges US$319 million facility for Australian wind turbines - Vimarsana News

Vestas arranges US$319 million facility for Australian wind turbines

Projects being developed by Global Power Generation subsidiaries in state of Victoria 5 May 2021 |  Michael Marray Turbine manufacturer Vestas has arranged an export credit agency-backed payment deferral facility for three wind farms being developed by Australian subsidiaries of Global Power Generation. The two-year A$415 million (US$319 million) facility will be used for purchasing receivables related to the installation of Vestas wind turbines for the Ryan Corner, Hawkesdale and Berrybank Two wind projects in the southeastern state of Victoria. This is the first time that Vestas has offer...