The loan comes with a three-year term, and was signed with a consortium of 12 banks, including Commerzbank, Deutsche Bank, HSH Nordbank and the Royal Bank of Scotland.

“We are delighted that the banks and credit insurances are placing their trust in us in these economically turbulent times, and are supporting our development by significantly widening our lines of credit,” says REpower chief financial officer Pieter Wasmuth.

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