NTR Secures €109 Million Renewable Energy Financing with Nord/LB and AIB

NTR has finalized a €109 million financing deal with Nord/LB
and AIB to advance renewable energy projects in Europe. Both banks acted as
Mandated Lead Arrangers, with Nord/LB serving as Facility Agent and Account
Bank.
The initial €45 million tranche refinances three operational
wind farms in France and Ireland—SPJ, Briqueville, and Ballycumber—providing
38.25 MW of clean energy, enough to power 22,913 homes. The remaining €64
million will fund the Momerstroff II wind portfolio in France, expected to
deliver 34.5 MW upon its 2026 completion, supplying clean energy to 13,675
homes.
Nick Forster, Head of Structured Finance Investments at NTR
remarked that this collaboration with Nord/LB and AIB highlights the value of the
company’s renewable energy projects and strengthens partnerships across Europe.
Niall McInerney, Head of Climate Capital Europe at AIB, commented
that AIB is proud to support NTR on this transaction, contributing to
decarbonisation through high-quality renewable energy projects and advancing
sustainable economic growth across Europe.
Heiko Ludwig, Global Head of Structured Finance at NORD/LB, indicated
that supporting impactful renewable energy projects like these wind farms in
France and Ireland aligns with NORD/LB’s commitment to Europe’s net-zero
transition.