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Infigen Energy seals $55m financing for Woodlawn wind farm
Australia-listed Infigen Energy has inked a project finance debt facility agreement of A$50-55m ($50-55) for its Woodlawn wind farm currently under construction.
The company announced Thursday that the financial facility from Westpac Banking Corporation is expected to occur in the first-half of 2011.
The Woodlawn project is scheduled for completion in the second-half of 2011.
Infigen Energy says the project has the potential to increase in size upon securing an eligible offtake agreement.