Norway's Fred Olsen Windcarrier has entered into two new long-term eco financing deals for its three wind turbine installation ships.
The deal involves the establishment of a green loan framework, through which class society DNV GL will assess eligibility for new investment that will also be financed under sustainable loan criteria.
Norwegian lenders DNB Bank and SpareBank 1 SR-Bank are providing total of €75m ($85m) for the 132-loa Brave Tern (built 2012) and Bold Tern (built 2013) over six years.
