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01 December 2005

Hibernian Wind mandates

Calyon and RBS have won the arranger mandate for a portfolio financing by Hibernian Wind Power, a subsidiary of Ireland's Electricity Supply Board. The initial financing will comprise a Eu60-70 million ($72-84 million) loan for the 60MW Derrybrien windfarm in County Galway. Consisting of 71 Vesta V-52 850kW wind turbines, the farm will be the largest in Ireland when construction is complete. A&L Goodbody is legal advisor to the lenders.


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