Brief: Ignitis Grupe Concluded EUR 64 Million Financing Agreement With EIB And NIB

Ignitis Grupe AB

14/12/2023 14:07

Dec 14 (Reuters) - Ignitis Grupe AB  IGN1L.VL :
    * VVP INVESTMENT SUBSIDIARY SIGNED A NON-RECOURSE PROJECT
FINANCING A 63 MW MAZEIKIAI WIND FARM WITH A LOAN OF EUR 64
MILLION
    * THE LOAN WAS SIGNED WITH THE EUROPEAN INVESTMENT BANK
(EIB) AND
NORDIC INVESTMENT BANK (NIB)
    * THE LOAN IS GRANTED BY TWO CO-LENDERS AND THE SHARE OF
EACH IS
EUR 32 MILLION AND IS CONCLUDED FOR A PERIOD OF 12 YEARS
    * THE LOAN COVERS CIRCA 75% OF TOTAL INVESTMENTS OF
MAZEIKIAI WIND
FARM

Source text:  ID:nGNE98q1Nb 
Further company coverage:  IGN1L.VL 

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