Deutsche Bank commits AUD 100 million to Atmos Renewables’ Parron Wind Farm financing
DB•Deutsche Bank committed AUD 100 million as sole lender for a 10-year tranche financing Atmos Renewables’ Parron Wind Farm, which is expected to add up to 470 megawatts of capacity.
1. Financing and project details
The project has a 12-year power purchase agreement with state-owned utility Synergy covering 75% of its generation output. It also benefits from revenue support through the Australian Government’s Capacity Investment Scheme.
