Juno Bidco Limited

Hornsea 2 Offshore Wind Farm - EKF Covered Loan

Borrower (s)
Juno Bidco Limited
Industry
Renewables/Offshore wind
Area of finance
Project & Infrastructure Finance
Region
Europe
Countries
United Kingdom

Deal Overview

EKF is covering a loan for the Hornsea 2 Offshore Wind Farm. Hornsea 2 Offshore Wind Farm is located approximately 89 km (55.3 miles) off the Yorkshire coast in the North Sea and adjacent to Hornsea One offshore wind farm. Hornsea Two will have a capacity of over 1.3GW and provide power to more than...

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EKF is covering a loan for the Hornsea 2 Offshore Wind Farm. Hornsea 2 Offshore Wind Farm is located approximately 89 km (55.3 miles) off the Yorkshire coast in the North Sea and adjacent to Hornsea One offshore wind farm. Hornsea Two will have a capacity of over 1.3GW and provide power to more than 1.4 million homes.

The use of proceeds is to support Ørsted 's divestment of a 50% interest in the 1.3MW Hornsea Two offshore wind farm in the UK to a new investors AXA-IM and Predica.


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Deal Volume
$2.25bn
Financial Close
29 September 2022
Sources
Submitted by participant(s), Press release, Press release

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Projects

Hornsea 2 Offshore Wind Farm

Greenfield
Offshore wind
Europe
United Kingdom
$7.91bn