||UNITRANCHE BRIDGE FINANCING
||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.
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.
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 285 million
||European Investment Bank (EIB)
||Energy & Power
||Various Countries , Southern Asia