Article: Fresh windfarm deal is a gust of good news for Quayle Munro

QUAYLE Munro, the Edinburgh-based merchant bank, has won the mandate to raise funds for a new GBP 120 million windfarm in Norway as it sees a pick up in the drive to develop and invest in renewable sources of energy.

The company will advise on securing debt capital for the 70- megawatt windfarm, sited near Stavanger.

This latest mandate follows the recent announcement of a similar contract in Scotland. The firm said it believed the deals showed a growing inclination by companies to push renewable projects on commercial as well as ethical grounds.

The Norwegian windfarm is being built by Eurus, a global windpower developer majority-owned by Tokyo Electric Power. It will be on a greenfield ...

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