John Laing has successfully refinanced the Llynfi Afan Renewable Energy Park on December 8, 2016. Abbey National / Santander has committed £30m to the project as part of the refinancing.
The wind farm is located in the Afan Valley, situated in South Wales of the UK, and comprises 12 wind turbine generators producing a maximum power of 24MW. The Llynfi Afan Renewable Energy Park is currently being constructed by the Spanish developers Gamesa.
On behalf of John Laing, Operis was pleased to perform the audit of the financial model, including a full tax and accounting review.