Octopus refinances 120MW French solar portfolio - reNews
Octopus Renewables Infrastructure Trust has refinanced a portfolio of solar farms in France totalling almost 120MW. The new €125.7m fully amortising debt facility has been provided by Allied Irish Banks, Societe Generale and La Banque Postale. It extends the maturity date of the financing by over five years to December 2038 and reduces ongoing interest costs. The portfolio consists of 14 fully operational solar assets with a total installed capacity of 119.5MW. Global law firm Ashurst has advised the banks on the refinancing. The Ashurst Paris team was led partner Mark Barges, assisted by s...
Source: renews.biz