The company says it will make a further announcement as soon as the agreement becomes firm and unconditional.
Meanwhile, EGP announced that it had signed a 12-year €110m ($140.6m)loan with Denmark’s Export Credit Agency (EKF) to finance its investment in the Talinay wind farm. Investment bank Citigroup acted as agent and arranger.
EGP says that the overall investment for the completion of the plant totals approximately $165m.
