Brief: Opdenergy Holding Closes Financing With ING To Finance Construction Of Solar Pv Portfolio In Spain With Total Expected Installed Capacity Of About 167 MW Located In Cuenca

Opdenergy Holding SA

28/07/2022 07:49

July 28 (Reuters) - Opdenergy Holding SA  OPDE.MC :
    * CLOSES FINANCING WITH ING TO FINANCE CONSTRUCTION OF SOLAR PV PORTFOLIO IN SPAIN WITH
TOTAL
EXPECTED INSTALLED CAPACITY OF ABOUT 167 MW LOCATED IN CUENCA
    * FACILITY HAS TENOR OF 11 YEARS (INCLUDING CONSTRUCTION PHASE) AND INCLUDES SENIOR DEBT
PRINCIPAL
AMOUNT OF ABOUT €95 MILLION, €7 MILLION PPA GUARANTEE LINE AND CREDIT LINE FACILITY OF €5
MILLION TO COVER SIX MONTHS DEBT SERVICE RESERVE ACCOUNT

Source text for Eikon:  ID:nCNM7Zp7Ns 
Further company coverage:  OPDE.MC 

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