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Renewable Energy - Wind Turbine, Cumbria

Loan Amount
£540,000
Loan Term
36 months
REPAID
Lender Interest Rate
9% p.a.
Loan To Value (LTV)*
70% reducing to 60% at expiry of term
Key Loan Details

Security
1st charge over the leasehold interest in the Property
Guarantee
Collateral warranties from relevant parties
Additional collateral
Debenture from the Borrower Assignment of income received from the Property
Interest serviceability
193% (initial) increasing to 226% at expiry of the Term
Capital Repayment
From refinance prior to expiry of the Term
Purpose of loan
To fund the installation and operation of a single 225kW wind turbine in Cumbria(the "Property")
Key Property Details

Valuation
£770,000
Use
Renewable Energy
Location
North West
Virtual Data Room

Registered(Approved) Lenders may view Loan Documents such as the Valuation Report in more detail in our Virtual Data Room - hosted online by Box

Please contact Lender Support if you don't have access to Box
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If you would like to able to view the Loan Documents
Relendex Limited is registered in England, Company Number 07486328
Registered Office: 99-100 Turnmill Street, London. EC1M 5QP

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Important Notice

Relendex Limited is authorised and regulated by the Financial Conduct Authority (FRN: 723117).

Lenders participating in these arrangements should be clearly aware that any sum lent through the Exchange is a loan and not a deposit and its repayment is not guaranteed. It is in the nature of an investment opportunity. Any investor should consider an appropriate spread of risk. Non-institutional investors should seek professional advice before lending through the Relendex Exchange.

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