Fred. Olsen Windcarrier AS – long term green financing
Fred. Olsen Windcarrier AS (“FOWIC”) has entered into two new long- term non-recourse debt financing arrangements related to the three offshore wind turbine transportation and installation jack-up vessels under its indirect ownership (Brave Tern, Bold Tern and Blue Tern). In conjunction with the financing, it is established a green loan framework (“Framework”) with an eligibility assessment from DNV GL, which enables new investments to be financed with green loans. For Brave Tern and Bold Tern, the arrangement is a new EUR 75 mill., 6 years facility with DNB Bank ASA and SpareBank 1 SR-