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Article: Fresh windfarm deal is a gust of good news for Quayle Munro
- Article from:
- The Scotsman
- Article date:
- September 15, 2009
- Author:
CopyrightCopyright 2009 The Scotsman. Provided by ProQuest LLC. (Hide copyright information)
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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 ...