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Pacifico Energy Partners closes financing for 51.8 MW wind farm portfolio

18. June 2020

Pacifico Energy Partners is pleased to announce that it has reached financial close for a 51.8 MW wind farm portfolio in Poland in the amount of PLN 225,150,000.

 

Bayerische Landesbank will provide senior debt financing and ancillary facilities to the project companies as a sole lender to the projects. The three wind farms had successfully participated in the renewable energy tender launched by the Polish government in December 2019 and are currently under construction.

 

Jannik Hoffmann, Chief Financial Officer of Pacifico Energy Partners, said: “We are proud to achieve this milestone, especially at a time where financial markets have recently experienced COVID-19-related stress signals. This is clear evidence that with BayernLB we have chosen a great banking partner that has provided invaluable support. Pacifico is delighted to accelerate Poland’s move away from fossil fuels and help meet its renewable energy targets.”

 

Christoph Fischer, Global Head of Structured & Trade Finance at BayernLB: “We are proud to accompany Pacifico’s growth journey. Setting up these onshore wind parks in Poland is just another step towards a decarbonized and sustainable future energy system in Europe. BayernLB is proactively supporting the energy transition based on our exceptional track record in financing renewable energy generation projects.”

 

Pacifico Energy Partners GmbH is a renewable energy company. It facilitates the acquisition of operational and turn-key wind and solar plants, develops new green-field projects, repowers existing plants and provides state-of-the-art asset management services.

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