Prosolia Energy has successfully concluded a €255 million hybrid debt financing, provided by EIG, aimed at accelerating solar activities in Western Europe.
With the support of Finergreen, this financing will cater to both Prosolia’s commercial and industrial (C&I) and utility scale segments.
The completion of this financing transaction not only paves the way for the expansion of Prosolia’s existing operations but also bolsters its presence in Western Europe.
Currently, Prosolia boasts a robust pipeline of 400MW across Spain, Portugal, France, and Italy, with the expectation to achieve 2GW of operating assets within the next three years.
EIG, a prominent institutional investor renowned for its expertise in the global energy and infrastructure sector, played a pivotal role in facilitating this financing arrangement.
Finergreen, which has been closely collaborating with Prosolia since 2019, has been involved in various mandates pertaining to C&I and utility scale projects in Spain and France.
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