EKF wind power financing- Case: Korea - Kromann Reumert
EKF wind power financing- Case: Korea - Kromann Reumert
EKF wind power financing- Case: Korea - Kromann Reumert
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Case</strong>: Youngduk Wind Power -<br />
<strong>Korea</strong><br />
Project: Youngduk Wind Power, <strong>Korea</strong><br />
First non-recourse financed <strong>wind</strong> <strong>power</strong> project to reach financial close<br />
in Asia (excl. Japan/Australia)<br />
Size: 39,6MW (1,65MW 24 Unit)– Vestas(NEG-Micon)<br />
Sponsor: Unison Co, Ltd<br />
Finance closing: 2005<br />
Senior <strong>EKF</strong> debt: EUR 26m<br />
Banks: BNP-Paribas, Singapore<br />
Tenor: construction + 7 years´ repayment<br />
Supply: 20,000 houses per year.
Change language