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Newcom's Salkhit wind closes
20 July 2012
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[newcom]
[ge]
[fmo]
[ebrd]
Mongolian conglomerate Newcom has closed the $85 million debt financing for its $122 million 50MW Salkhit wind project. The financing signed in March 2012, when Newcom (51% shareholder) brought in The European Bank for Reconstruction and Development (12%), FMO (12%) and GE (25%) as equity investors. The EBRD ($42.4 million) and FMO...
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