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Corporacion Gestamp, Gestamp Renewables, Gestamp Wind

Madrid, 20 December, 2019. Elawan Energy has been awarded a new 15-years wind contract for four wind farms in Poland, with a total installed capacity of 36 MWs and 100GWh/year production....

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Gestamp Wind in the Media

CIT provides $36m financing for Gestamp Wind’s 26MW farm



CIT Group is to provide $36m financing in a senior secured credit facility to Punta Lima, owner of the 26MW Punta Lima Wind Farm, Puerto Rico. Financing of the deal was structures through a sale and leaseback of the facility between Punta Lima’s owner Sovereign Bank and Gestamp Wind. CIT’s Corporate Finance arm served as Sole Lead Arranger for the transaction, and financing was provided by CIT Bank. Terms of the transaction were not disclosed...