Lloyds Finance Group Provides EUR 348 Million Financing
Lloyds Finance Group, a global provider of financial products and services, completed EUR 348 Million financing to develop a revolutionary wind hub machining cell for high volume manufacturing.
Online, January 28, 2010 (Newswire.com) - Lloyds Finance Group, a major International financial organization, announced today that the company has established a new venture with a leading wind turbine systems company.
The new venture will have locations in Canada, India and United Kingdom.
The EUR 348 Million financing is the first step in our strategic plan to turn this industry on its head, and Lloyds Finance Group provides the new venture with the necessary financial tools.
The client stated: "We intend to transfer the manufacturing cost and throughput for turbine components to make wind energy cost competitive with fossil fuel. This financing will help us reach our key goals of that transformation".
The EUR 348 Million financing completed by Lloyds Finance Group changes the game, the technology produced by the new venture will take the market by storm - there will be no competition.
About the Company:
Lloyds Finance Group is a leading provider of financial products and services suited for multi-national corporations, institutions, government entities and entrepreneurs. Its mission is to deliver result-oriented, project-specific business and project financing, asset management, credit enhancements and bank-proof of funds for maximum advantages and confidentiality. More information can be found at: http://www.lloydsfinancegroup.com .