The 100MW parabolic-trough Shams 1 project is owned by Abu Dhabi-based clean-energy company Masdar (60%), French energy giant Total (20%) and Spanish CSP specialist Abengoa (20%).
The group says the non-recourse, 22-year loan package was oversubscribed, with commitments totaling more than $900m. The project is also eligible for Clean Development Mechanism funding.
The lenders stumping up money included: BNP Paribas, KfW, Mizuho, National Bank of Abu Dhabi, Natixis, Societe Generale, Sumitomo Mitsui Banking Corporation, the Bank of Tokyo-Mitsubishi, Union National Bank and WestLB.
Shams
