HVB launches windfarm securitisation

HVB is launching its fourth securitisation of wind farms, the Eu243m Breeze Four.

The deal securitises 13 wind farms in France (2) and Germany (11), of which five (38%) are expected to remain under construction until after the closing date.

The Eu161.6m ‘A’ notes, rated BBB- by Fitch and with ...