On completion, BP will pay Bunge USD75m, subject to customary closing adjustments, and the joint venture will assume USD700m of non-recourse debt
associated with Bunge's assets.
Acting as the exclusive financial advisors to the sponsors, Tribe Infrastructure and Alderbrook have advised the arrangement of over US$1 billion in senior non-recourse debt
In her 11 years with MUFG, Beth has helped drive the origination and structuring of USD 31.4 billion in non-recourse debt
, including the financing of nearly 21,895 megawatts of wind, solar, and gas-fired assets, as well as 320 miles in transmission lines.
In conjunction with the sale, TC Energy also expects that Northern Courier Pipeline will undertake a financing of long-term, non-recourse debt
, the proceeds of which are expected to be fully distributed to TC Energy.
--Adjusted debt-to-EBITDAR below 1.5x on a sustained basis (excluding 50% of Egypt and shipping JV non-recourse debt
Con Edison expects to finance the purchase price for the acquisition with a combination of USD 715m of equity and USD 825m of long-term, non-recourse debt
The plants are project financed through non-recourse debt
provided by the European Bank for Reconstruction and Development (EBRD) and Proparco, the private sector financing arm of the French Development Agency (Agence FranAaAaAeAoaise de DAaAaAeA@veloppement).
The power plant, located nearA Galabovo, in southern Bulgaria, will use the majority of the proceeds to repay debt to Maritza East lignite mine that supplies it, aas well as repay the lenders of the plantas non-recourse debt
,a <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.aes.com&esheet=51328566&newsitemid=20160427005431&lan=en-US&anchor=The+AES+Corporation&index=1&md5=48fa827f85a1a22ab7fb6b36d075543e">AES Corporation said in a statement on Wednesday.
This program enabled the borrower, JASA, to preserve rent-subsidized units at the property, fund more than $4.8 million in repairs and reserves, provide additional equity to use for future projects and move to 35-year non-recourse debt
at a historically low, fixed interest rate.
Our leverage calculations exclude other non-recourse debt
and are adjusted to exclude related EBITDA although they do include sustainable dividends.
The acquisition was funded with equity contributed by AES and IFC and $635 million of non-recourse debt