WARBURG Dillon Read, as revealed in Euroweek last week, has closed a bridge finance facility for Entergy Power Development Corporation (EPDC), a subsidiary of Entergy Corporation, to support its development of the 800MW Dam Head Creek merchant power project in Kent. No details have been revealed about the bilateral deal but it is known that the project has an overall financing requirement of some £500m. Warburg Dillon Read is also financial adviser to the sponsor.
October 02, 1998