Tuesday September 3, 2013 0 comments
BOULDER - juwi Group, parent company of Colorado-based juwi Wind LLC, announced it has come to terms on a $336 million syndicated loan with a banking consortium of 13 financial institutions.
The consortium is led by Deutsche Bank, DZ Bank and Unicredit, juwi said.
"This syndicated loan is the financial basis for our operative business in the next three years," said Martin Winter, juwi Group CFO.
"For the juwi Group, the signing of the syndicated loan is a key financial component of the company's business," said Sascha Rober, juwi's head of corporate finance.
"It is a visible act of faith from the financial world which cannot be valued highly enough against the backdrop of the problems of many other countries, especially in the solar sector."
Juwi said the signing of the agreement positions juwi Group and juwi Wind LLC to plan with certainty, offering them stability while they strategically navigate the dynamic international and global energy markets.
For more information, visit www.juwinorthamerica.com.