Siemens Gamesa Renewable Energy said it has “enhanced its long-term financial structure” after agreeing a €2.5bn ($2.9bn) financing package.
The transaction consists of €2bn of revolving finance maturing in 2023 – with two, one-year extension options – plus a €500m term facility until 2021.
The package was agreed with “a syndication of international financial entities”, said the Spain-based wind OEM.