On October 10, 2018, Energy Capital Partners reached financial close on the refinancing of its 1.2GW Saltend CCGT plant. The plant is located near Hull in northern England and was acquired by Energy Capital Partners from Engie and Mitsui in late 2017.
The financing comprised a term loan facility and reserve facilities totalling £140m and was provided by Investec, National Westminster Bank and Qatar National Bank.
Operis carried out an audit of the financial model for the refinancing on behalf of Energy Capital Partners and the senior lenders.
