Wind Farm based in Asia has raised $195 million from First Gulf Investments Solutions to finance a wind farm with 32 turbines.
As one of the world’s leading and most diverse financial services firm, First Gulf Investments Solutions serves the needs of our clients by offering a world-class project funding platform coupled with straightforward, intelligent advice.
The deal will fund a 70 megawatt farm with 32 turbines in South Asia which is estimated to generate 242 gigawatt hours of electricity. That would be equivalent to 190,000 tonnes of avoided greenhouse gas emissions and enough generated power for around 43,000 average households for one year
Wind Farm President said the deal followed a $380 million climate bond in December last year.
First Gulf Investments Solutions is already the largest debt financier of renewable energy in this country.
“This is further evidence that debt markets can play a pivotal role in financing a low carbon economy and help the renewable energy sector continue to grow.”
About First Gulf Investments Solutions.
Strength, Solutions and Growth
At First Gulf Investments Solutions, we apply our strengths as a leading global investment and advisory firm to deliver solutions, unlock value and propel growth. Our capital fuels the development of businesses and communities. Our strategic advice helps companies and governments stabilize, grow and thrive during these challenging times. We invest in emerging markets and entrepreneurs that will be the wellsprings of future opportunity. Over 700 employees focus on making our clients’ private markets investment programs a true success. That’s all we do. And we do it with passion.