Takaki Sakai, project finance director at BTMU, says there is “considerable interest” in Cape Wind among other commercial banks active in project financing. “We expect to complete the commercial bank syndication in the near future," he says.
BTMU is coordinating lead arranger. BTMU, Natixis and Rabobank are committing in excess of $400mn, which, taken together with the previously announced $600 million loan from Danish export credit agency loan of up to EKF, totals more than $1 billion in commercial debt.
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