EKF, BayernLB provide €1bn for two RWE offshore wind farms

RWE has secured a long term €1 billion facility ($1.13 billion) from BayernLB and EKF to fund two offshore wind farms – Kaskasi and Sofia.The facility incorporates a €500 million bridge facility as well as options for a floating and fixed interest rate basis.  BayernLB acted as...