Brief: Aquila European Renewables Announces Spanish Solar PV Debt Financing

Aquila European Renewables

08/01/2024 07:22

Jan 8 (Reuters) - Aquila European Renewables PLC
 AERS.L :
    * ENTERED INTO A EUR 50 MILLION , FIVE-YEAR NON-RECOURSE
DEBT
FACILITY WITH ING BANK N.V. SUCURSAL EN ESPAÑA
    * DEBT FACILITY IS SECURED BY AER'S WHOLLY OWNED SPANISH
SOLAR PV
PORTFOLIO
    * INTENDS TO USE NET PROCEEDS FROM DEBT FACILITY TO REPAY
RCF,
RESULTING IN AVAILABLE CAPACITY UNDER RCF OF ABOUT EUR 70
MILLION

Source text for Eikon:  ID:nRSH8572Ya 
Further company coverage:  AERS.L 

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