EnerCap Secures Loan to Refinance Czech Wind Farm

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EnerCap Capital Partners, a Czech Republic-based private equity company, raised 497.8 million koruna ($21 million) to refinance a wind farm in the country’s east.

The EnerCap Power Fund secured the 10-year loan from Ceska Sporitelna AS to refinance its 18-megawatt Horni Lodenice wind farm, it said Wednesday in a statement. The project is the third-largest wind farm in the Czech Republic.