Brief: Onde Units Sign Loan Deal Regarding Construction Of PV Farms

Onde SA

19/12/2023 15:22

Dec 19 (Reuters) - Onde SA  ONDP.WA :
    * UNITS SPV CZERWONA WODA AND INVEST PV SIGN LOAN DEAL WITH 
MBANK
    * LOAN FOR FINANCING CONSTRUCTION OF TWO PV FARMS OF TOTAL
CAPACITY 18.72 MW WITH POSSIBILITY OF EXTENDING FINANCING TO
INCLUDE CONSTRUCTION OF THIRD PV FARM WITH CAPACITY OF 4.42 MW
    * UNDER DEAL MBANK TO GRANT CONSTRUCTION LOAN OF UP TO 52.6
MILLION ZLOTYS WITH POSSIBILITY OF ITS CONVERSION INTO
INVESTMENT LOAN IN AMOUNT OF UP TO 48.6 MILLION ZLOTYS
    * UNDER DEAL MBANK ALSO TO GRANT REVOLVING LOAN IN PLN TO
FINANCE
LIABILITIES RELATED TO TAX ON GOODS AND SERVICES IN AMOUNT OF UP
TO 12.5 MILLION ZLOTYS

Source text for Eikon:  ID:nEM37gfQ9a 
Further company coverage:  ONDP.WA 

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