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Date: 
06/Jun/2016
Category: 
Corporacion Gestamp, Gestamp Renewables, Gestamp Wind
  • In 2015, Gestamp Wind put in operation several wind power projects in Belgium, Brazil, Poland, and Turkey, thus adding 168 megawatts to its wind power portfolio.

 

  • Thanks to its 29 operating wind farms, Gestamp Wind helped lower C02 emissions by 504,923 tons.

 

  • Gestamp Wind is currently building projects in Belgium, Brazil, Mexico, and Turkey, surpassing one gigawatt of power in 2017.

 

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CIT provides $36m financing for Gestamp Wind’s 26MW farm

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Date: 
16/Oct/2013

CIT Group is to provide $36m financing in a senior secured credit facility to Punta Lima, owner of the 26MW Punta Lima Wind Farm, Puerto Rico. Financing of the deal was structures through a sale and leaseback of the facility between Punta Lima’s owner Sovereign Bank and Gestamp Wind. CIT’s Corporate Finance arm served as Sole Lead Arranger for the transaction, and financing was provided by CIT Bank. Terms of the transaction were not disclosed...