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
|
