Project Notice
|
PNR |
45239 |
Project Name |
UNITRANCHE BRIDGE FINANCING |
Project Detail |
The proposed EIB operation will finance a lending vehicle that will provide unitranche loans to solar photovoltaic (PV) and wind on-shore projects in Iberia. Objectives The proposed EIB operation will finance a Vehicle that will provide unitranche loans to solar PV and wind on-shore projects (SPVs) in Iberia (Spain and Portugal). The vehicle is promoted and managed by Ben Oldman (the Promoter) and expects to invest EUR 200 million through unitranche loans in 2-3 years. The vehicle will be funded by a junior bond subscribed by investors and by a senior facility provided by EIB. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 100 million Total cost (Approximate amount) EUR 285 million |
Funded By |
European Investment Bank (EIB) |
Sector |
Energy & Power |
Country |
Various Countries , Southern Asia |
Project Value |
AL 285,000,000
|