The portfolio comprises a mix of solar PV ground mounted parks, rooftops and greenhouses and onshore wind projects commissioned between 2013 and 2016.
The new financing replaced the existing senior term loans at SPV level through a unique holding level financing, benefiting from the portfolio’s track record, improved market conditions and providing for simplified administrative and reporting requirements.
The refinancing ultimately involved Société Générale as Mandated Lead Arranger, Lender and Hedging Bank and BPI for a total refinancing amount of ca. EUR 127 M, including the term loan and the debt service reserve facility.