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Infinis financial close on funding facilities

21 October 2015 08:49

Infinis Energy has signed two project financing facilities with a total value of £51 million to fund the construction of Sisters (8MW) and North Steads (19MW) wind farms in Northumberland. The debt facilities have been arranged by Santander and will fund the construction of both sites.

The two neighbouring sites will have a combined installed capacity of 27MW and means Infinis will have a total of 135MW of new wind capacity under construction.

Infinis expects both sites to be fully operational by September 2016 and both sites to be accredited under the Renewables Obligation scheme.

At 8:49am: (LON:INFI) Infinis PLC share price was -0.12p at 131.38p

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