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Home » Finance » Baltic Power Attains Financial Close, Anticipates Full Commercial Operations by 2026
Finance

Baltic Power Attains Financial Close, Anticipates Full Commercial Operations by 2026

By Don PadillaSeptember 25, 20232 Mins Read
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Credit: Nicholas Doherty/Unsplash
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Northland Power has announced the successful attainment of non-recourse green financing for its Baltic Power offshore wind project. The project, with a capacity of 1100MW, has not only met all necessary conditions but has also reached financial close, securing a substantial 20-year CAD-equivalent sum of $5.2 billion. This financing accounts for approximately 80% of the

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Baltic Power Canada Denmark European Investment Bank Northland Power Poland Renewable energy Wind Energy
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