Deutsche Bank finances AUD 430 million debt package for Foresight’s Kondinin Wind Farm in Australia

• Deutsche Bank backed financial close of an AUD 430 million senior debt package for Foresight’s 130-MW Kondinin Wind Farm (Stage 1) in Western Australia.
• Role covered initial financing and hedging, providing financing alongside interest-rate risk management through interest-rate swaps.
• Facility structure includes up to AUD 430 million Construction and Term Facility, AUD 86 million Contingent Instrument Facility, AUD 10 million Debt Service Reserve Facility.
• Funding supports the project’s move from development into construction; wind farm targets power equivalent to up to 70,000 homes.

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