Last week, Fortis Merchant Bank announced that it had successfully arranged and structured a EUR 250 million club deal for Resolution Shipping Ltd. A subsidiary of Vroon Group BV, Resolution, a Cyprus company, operates a windmill installation vessel, which is currently on time charter to Centrica installing wind turbines in the North Sea. The facility finances the existing vessel as well as two newbuildings, which are currently under construction and includes pre- and post delivery finance.
In addition to Fortis, the club participants include Commerzbank, Dexia Bank, Lloyds TSB and Rabobank.
Although the offshore wind energy
This is only an excerpt of “Green Financing” – Resolution Shipping
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Tags: · Centrica, Commerzbank, COSCO Nantong Shipyard, Dexia Bank, Fortis Merchant Bank, Lloyds TSB, Rabobank, Resolution Shipping Ltd., Vroon Group BV
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