Siemens Financial Services (SFS) secures 20 percent equity stake as EUR2.8 billion Project Gemini offshore wind project reaches financial close and sets new renewables record

Following Moorgate support, the announcement that Project Gemini – the largest project financed renewables energy deal on record – reached financial close was carried by Bloomberg, Reuters and the FT, as well as a number of leading specialist project finance and renewable energy publications. The FT article included a quotation by Siemens Financial Services explaining that the deal demonstrated that “appetite for offshore wind assets can be aligned across a wide range of investor groups.”

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