Albioma Solaire France agrees €61 million funding to refinance Eneco assets
Staff Writer | March 22, 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.Article continues below
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. ■ What to read next
Under Secretary for Economic Growth, Energy, and the Environment Jose W. Fernandez traveled to Brussels, Belgium on December 11-13 to attend the European Commission’s Raw Materials Week and to advance discussions on critical minerals projects and policies with members of the Minerals Security Partnership (MSP) and MSP Forum.
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