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6 Jul, 2022
Danish investment manager AIP Management P/S, on behalf of AIP Infrastructure II, provided €136 million in merchant financing for Enerfin SA's planned 139.2-MW wind farm portfolio in Spain.
The portfolio consists of four onshore wind farms expected to produce about 431 GWh per year. Enerfin expects to begin construction of the projects in June and reach commercial operation in October 2023, according to a July 4 news release.
Enerfin is the renewable power subsidiary of Spanish engineering and construction firm Elecnor SA.
S&P Global Commodity Insights produces content for distribution on S&P Capital IQ Pro.