Fred A. Olsen Renewables has given itself a little more breathing room with regards to paying back its debt.
The Nick Emery-led wind energy provider has entered a £400m ($526m) loan through majority-owned subsidiary Fred. Olsen Wind.
The money is being borrowed from MUFG Bank, National Australia Bank, Siemens Bank and Sumitomo Mitsui Bank Corp over 13 years with margins at 1.4%
