ALBIOMA : Albioma Solaire France agrees a €61 million funding deal to refinance the assets of Eneco and accelerate the rollout

Press release Paris La Défense, 21 March 2019 Albioma Solaire France agrees a €61 million funding deal to refinance the assets of Eneco and accelerate the rollout Albioma Solaire France - the subsidiary that owns and operates the photovoltaic power plants acquired from Eneco in December 2018...

London, 21/03/2019 (informazione.news - comunicati stampa - energia)

Paris La Défense, 21 March 2019

Albioma Solaire France - the subsidiary that owns and operates the photovoltaic power plants acquired from Eneco in December 2018 - has contracted a long-term loan for €61 million.

This non-recourse project loan refinances the existing assets and includes an amount for funding the construction of a portfolio of small- and medium-power photovoltaic power plants. This funding secures the growth of the Group's solar power business in metropolitan France on very attractive terms.

The lenders are Natixis Energeco and Unifergie.

As part of our commitment to the energy transition, Albioma announced the acquisition of Eneco France in December 2018, to strengthen the Group's market position and expand our solar power business in metropolitan France, supplementing our existing installed capacity of 8 MW.

Next on the agenda: revenue figures for the first quarter of the 2019 financial year, on 24 April 2019 (before trading).