Brief: Alantra And Solarig Secure 213 Mln Euro Financing For First Batch Of Their 1.9 GW Photovoltaic Platform
25/01/2024 10:25
Jan 25 (Reuters) - Alantra Partners SA ALNTA.MC :
* ALANTRA AND SOLARIG SECURE €213 MLN FINANCING FOR THE FIRST BATCH OF THEIR 1.9 GW
PHOTOVOLTAIC
PLATFORM
* €213M IN NEW DEBT FINANCING HAS BEEN SECURED FROM A SYNDICATE OF BANKS COORDINATED BY
RABOBANK,
WITH ABN AMRO, BNP PARIBAS, COMMERZBANK, AND RABOBANK AS ORIGINAL LENDERS
* FINANCING WILL BE USED FOR THE CONSTRUCTION OF FIRST BATCH OF SEVEN SOLAR PLANTS WITH A
TOTAL
CAPACITY OF 306 MWP
* INVESTMENT PLATFORM COMPRISES 50 SOLAR PLANTS LOCATED ACROSS SOUTHERN EUROPE, WHICH ARE IN
DEVELOPMENT LED BY SOLARIG
* 1.9 GW PLANT PORTFOLIO IS EXPECTED TO BE FULLY DEVELOPED BY THE END OF 2025
Source text: http://tinyurl.com/2b483b5p
Further company coverage: ALNTA.MC
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