The Renewables Infrastructure Group (TRIG) has refinanced and expanded its revolving credit facility to £500m (€408m) to support its investment in new renewable energy projects.
The facility, which is used by the company for short-term financing of acquisitions, has been made available to TRIG for a three-year term and is currently undrawn.
The larger size reflects the increased scale of acquisitions being made by the company, TRIG said.
The lenders include existing financiers National Australia Bank, Royal Bank of Scotland International and ING and three new participants Sumitomo Mitsui Banking Corporation, Barclays and Santander.
InfraRed Capital Partners director of infrastructure Richard Crawford said: “This expanded loan facility will allow us to take full advantage of our promising pipeline and provide even more clean energy to more homes across our core markets.