Caithness wind project gets USD1.3bn DoE loan

Wed Dec 22 2010, 09:30 AM

Caithness Energy has secured a USD1.3bn loan guarantee from the US Department of Energy (DoE) to support the construction of a wind farm in eastern Oregon. The loan is being funded by a group of institutional investors and commercial banks led by Citi, Bank of Tokyo-Mitsubishi UFJ, RBS Securities and WestLB Securities.

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