Sienna Private Credit provides €15.8 million loan to finance a Polish wind farm
Sienna Private Credit is financing Project Dzwola, the construction and operation of a 35 MW wind farm located in Dzwola, Poland. Sienna is the sole junior lender providing the seven-year €15.8 million fixed-rate loan. The project is sponsored by Re Alloys, belonging to the Luma Holding capital group, the 4th largest producer of ferrosilicon in Europe. It forms part of the groupwide initiative Going Green as electricity produced will be consumed in-house, therefore enabling CO2 savings of 61,500 tonnes per year and decarbonisation of ReAlloys’ operations.
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