C-POWER Financial Close PHASE 2 & 3 (Belgium)

C-Power is pleased to announce that it has closed the financing of the second and third phases of the offshore wind farm on the Thornton Bank (situated about 30 km in the North Sea off the Belgian coast).

The financing will be provided by a group of 7 commercial lenders: KBC, Rabobank, Société Générale, KfW Ipex-Bank, Commerzbank, Dexia and ASN Bank together with export credit agencies Euler-Hermes of Germany and EKF of Denmark, and the European Investment Bank

We therefore invite you to our press conference, organised on 25 november 2010 at 15:00h in the offices of ALLEN & OVERY, Uitbreidingstraat 80, 2600 Berchem-Antwerp.

[mappress]

Source: c-power, November 25, 2010