EPGE Chirnogeni-Independenta Wind Farm

Project Information
Country: Romania Location: Chirnogeni and Indepdenta municipalities; Dobrogea region
Technology: Wind Development stage: Financial Closure
Status: Construction Number of system(s): 1
Captive facility: No Percentage captive: ..
Contract Information
Type of PPI: Greenfield project Subtype of PPI: Build, own, and operate
Contract period (years): .. Termination year: ..
Main revenue source(s): Sales to wholesale market Contract award method: ..
Bid criteria: Not Available Number of bids: ..
Renewal contract award method: Not Applicable Renewal bid criteria: Not Applicable
Government granting contract: Federal Renewal number of bids: ..
Financial Information
Project company: EP Wind Project (Rom) Six S.A.
Publicly traded: No Stock market: N/A
Type of government support: ..
PPP project: Related infrastructure by government: ..
PPP part of public project: Key features of guarantee: ..
Key features to support revenue/reduce cost: .. Total cost of public project:
PPP type: .. Concession period type: ..
Banks/funds involved (depth financing): ING, UniCredit, Other Commercial Bank
Commissioning date: 2013 Project grid: Romanian National Grid
Carbon credits: No

Sponsor Details

Sponsor % Ownership Country of origin
EnerCap Power Fund 30 Czech Republic
Joannou & Paraskevaides Ltd 20 Channel Islands
Marguerite Fund 50 Luxembourg

Project Investment History (proposed investment listed for pipeline projects)

Year % private Payment commitments to the government * Investment commitments in physical assets Capacity Type Government cash subsidy commitments
2012 100 0 169 80 MW ..

Multilateral Support Details

Column1 Column2 Column3 Column4
2012 EBRD Loan 40
2012 EBRD Syndication 78

Funding Details

Funding year Private debt funding Capital grants Government funding Local public bank funding Donor funding Debt equity grant ratio Private equity funding
2012 78 .. .. .. 40 70/30 51