Siemens Gamesa secures €600m Hornsea 2 guarantee

RENEWS.BIZ | Siemens Gamesa has signed a bank guarantee line for up to €600m to cover the construction of turbine components for the 1400MW Hornsea 2 offshore wind farm off the east coast of England.

BNP Paribas was the lead manager on the deal, which also included the participation of BBVA, Mizuho and Santander.

The funding is tied to environment, social and governance (ESG) criteria.

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